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ZEGA BUY AND HEDGE ETF (ZHDG) Stock Technical Analysis

NYSEARCA:ZHDG - NYSE Arca - US8863646605 - ETF - Currency: USD

21.8046  +0.06 (+0.29%)

Technical Rating and Analysis

8

Overall ZHDG gets a technical rating of 8 out of 10. Although ZHDG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: ZHDG has an average volume of 5470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ZHDG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, ZHDG turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month ZHDG has a been trading in a tight range between 21.12 and 21.96.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ZEGA BUY AND HEDGE ETF / ZHDG Weekly stock chart
ZEGA BUY AND HEDGE ETF / ZHDG Daily stock chart
Setup Rating and Analysis

5

ZHDG has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

18.35

22.03

We found 5 important support areas.

  • A support zone ranging from 21.47 to 21.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 20.91 to 20.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.23 from a horizontal line in the daily time frame.
  • Support @19.01 from a trend line in the weekly time frame.
  • A support zone ranging from 18.54 to 18.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 21.81 to 21.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ZHDG is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ZHDG is up.
ChartMill Relative Strength67.19NEUTRALZHDG is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZHDG is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZHDG is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ZHDG is above the rising SMA(200).
Relative Strength Index/RSI (14)74.25OVERBOUGHTThe high RSI value suggests ZHDG may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ZHDG has a negative trend, although the MACD value is rising.
Stochastics (14,3)76.86NEUTRALThe Stochastics value for ZHDG is a neutral value.
Average True Range in percent/ATR (20)0.75LOW VOLATILITYThe low ATR as a percentage value for ZHDG suggests low volalility.
Average Directional Index/ADX (14)26.82POSITIVEThe high ADX value value for ZHDG suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ZEGA BUY AND HEDGE ETF / ZHDG Daily stock chart

ZEGA BUY AND HEDGE ETF

NYSEARCA:ZHDG (7/24/2025, 8:13:14 PM)

21.8046

+0.06 (+0.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.29%
1 Week1.01%
2 Weeks1.25%
1 Month4.01%
3 Month12.8%
6 Month4.33%
12 Month12.14%
2 Year21.75%
3 Year22.77%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.75%
ATR Inc47.68%
Range Today0.27
ADR(20)0.12
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.19
Mansfield-0.2
10 Day High21.96
10 Day Low21.31
20 Day High21.96
20 Day Low21.12
52 Week High21.96
52 Week Low18.39
CS1 End21.76
CR1 Start21.81
Volume & EV
DER(3)0.58%
DER(5)0.5%
Volume10.20K
Volume Incr480.44%
Vol(5)18.40K
Vol(50)5.47K