NYSEARCA:ZHDG - NYSE Arca - US8863646605 - ETF - Currency: USD
We assign a technical rating of 8 out of 10 to ZHDG. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZHDG is only an average performer.
Although ZHDG 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.
18.82
4 important support areas can be observed.
We found 1 important resistance area.
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 ZHDG is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZHDG is up. |
ChartMill Relative Strength | 67.5 | NEUTRAL | ZHDG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZHDG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZHDG is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZHDG is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 75.81 | OVERBOUGHT | The high RSI value suggests ZHDG may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZHDG has a positive trend. |
Stochastics (14,3) | 84.17 | OVERBOUGHT | The high Stochastics value suggests ZHDG may be overbought. |
Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for ZHDG suggests low volalility. |
Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for ZHDG suggests a strong trend. |
NYSEARCA:ZHDG (7/25/2025, 8:04:00 PM)
21.8703
+0.07 (+0.3%)