GLOBAL X HYDROGEN ETF (HYDR) Stock Technical Analysis
NASDAQ:HYDR - Nasdaq - US37960A4206 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to HYDR. Although HYDR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: HYDR has an average volume of 16043 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
HYDR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HYDR is lagging the market slightly.
In the last month HYDR has a been trading in the 21.66 - 25.41 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, HYDR did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although HYDR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
22.91
25.34
2 important support areas can be observed.
- A support zone ranging from 23.62 to 24.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.61 to 25.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HYDR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYDR is up. |
| ChartMill Relative Strength | 76.19 | POSITIVE | HYDR has a high relative strength, it outperformed 76.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYDR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYDR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYDR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.88 | NEUTRAL | The RSI value for HYDR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests HYDR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.18 | NEUTRAL | The Stochastics value for HYDR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for HYDR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.34 | POSITIVE | The high ADX value value for HYDR suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.10 | 23.61 | 1.49 (5.94%) | 16.85% |
| An entry @25.10. This is a Buy Stop order right above the resistance zone. | An exit @23.61. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.49 points, which is 5.94%. | When investing 16.85% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:HYDR (7/23/2025, 5:50:14 PM)
24.6
+0.11 (+0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.45%
1 Week6.29%
2 Weeks-1.59%
1 Month10.38%
3 Month45.58%
6 Month7.44%
12 Month-9.08%
2 Year-52.91%
3 Year-66.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.82
ATR(20)%3.26%
ATR Inc-36.84%
Range Today0.37
ADR(20)0.7
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.19
Mansfield0.27
10 Day High25.38
10 Day Low22.88
20 Day High25.41
20 Day Low21.66
52 Week High27.11
52 Week Low14.94
CS1 End24.21
CR1 Start24.61
Volume & EV
DER(3)1.12%
DER(5)2.15%
Volume6.96K
Volume Incr25.32%
Vol(5)24.47K
Vol(50)16.04K