ZEGA BUY AND HEDGE ETF (ZHDG) Stock Technical Analysis
NYSEARCA:ZHDG - NYSE Arca - US8863646605 - ETF - Currency: USD
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.
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.
More info and screens
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.
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 | 67.19 | 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) | 74.25 | OVERBOUGHT | The high RSI value suggests ZHDG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZHDG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.86 | NEUTRAL | The Stochastics value for ZHDG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ZHDG suggests low volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for ZHDG 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)
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