ZEGA BUY AND HEDGE ETF (ZHDG) Stock Technical Analysis
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.
Warning: ZHDG has an average volume of 5258 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.
ZHDG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, ZHDG outperforms 67% of them, which is more or less in line with the market.
In the last month ZHDG has a been trading in a tight range between 21.16 and 21.96.
Volume is considerably higher in the last couple of days.
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.
More info and screens
18.82
22.10
4 important support areas can be observed.
- A support zone ranging from 21.51 to 21.81. 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 20.62 to 20.98. 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.
We found 1 important resistance area.
- A resistance zone ranging from 21.88 to 21.88. 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 | 67.5 | 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. |
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 (7/25/2025, 8:04:00 PM)
21.8703
+0.07 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week1.37%
2 Weeks1.85%
1 Month3.56%
3 Month13.14%
6 Month4.64%
12 Month12.47%
2 Year22.11%
3 Year23.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.74%
ATR Inc25.81%
Range Today0.13
ADR(20)0.13
ADR(20)%0.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.5
Mansfield-0.21
10 Day High21.96
10 Day Low21.31
20 Day High21.96
20 Day Low21.16
52 Week High21.96
52 Week Low18.39
CS1 End21.81
CR1 Start21.88
Volume & EV
DER(3)0.58%
DER(5)0.5%
Volume1.00K
Volume Incr473.94%
Vol(5)18.28K
Vol(50)5.26K