NYSEARCA:HDG - NYSE Arca - US74347X2945 - ETF - Currency: USD
Taking everything into account, HDG scores 1 out of 10 in our technical rating. HDG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
HDG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 48.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.76, a Stop Loss order could be placed below this zone.
46.02
We found 1 important support area.
When analyzing the resistance we notice one important area.
NYSEARCA:HDG (4/24/2025, 8:15:00 PM)
48.1377
+0.2 (+0.43%)