Logo image of HDRO.MI

VANECK HYDROGEN ETF (HDRO.MI) Stock Technical Analysis

BIT:HDRO - Euronext Milan - IE00BMDH1538 - ETF - Currency: EUR

4.5965  -0.01 (-0.28%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to HDRO. HDRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HDRO is a bad performer in the overall market: 92% of all stocks are doing better.
HDRO is currently trading near the lower end of its 52 week range, which is not a good sign. HDRO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month HDRO has a been trading in the 4.60 - 5.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: HDRO has an average volume of 6872 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
VANECK HYDROGEN ETF / HDRO Weekly stock chart
VANECK HYDROGEN ETF / HDRO Daily stock chart
Setup Rating and Analysis

1

The technical rating of HDRO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

4.55

6.09

5 important resistance areas can be observed.

  • A resistance zone ranging from 4.93 to 5.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @5.45 from a trend line in the daily time frame.
  • Resistance @5.76 from a horizontal line in the daily time frame.
  • Resistance @5.89 from a horizontal line in the daily time frame.
  • Resistance @6.03 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.87
Mansfield-2.44
10 Day High5.23
10 Day Low4.6
20 Day High5.23
20 Day Low4.6
52 Week High7.25
52 Week Low4.6
Performance
1 Week-8.71%
2 Weeks-9.14%
1 Month-11.98%
3 Month-19.88%
6 Month-15.04%
12 Month-26.69%
2 Year-53.42%
3 Year-68.32%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)28.57
LBB4.63
UBB5.32
VANECK HYDROGEN ETF / HDRO Daily stock chart

VANECK HYDROGEN ETF

BIT:HDRO (3/5/2025, 7:00:00 PM)

4.5965

-0.01 (-0.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.28%
1 Week-8.71%
2 Weeks-9.14%
1 Month-11.98%
3 Month-19.88%
6 Month-15.04%
12 Month-26.69%
2 Year-53.42%
3 Year-68.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%3%
ATR Inc81.97%
Range Today0.18
ADR(20)0.12
ADR(20)%2.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.87
Mansfield-2.44
10 Day High5.23
10 Day Low4.6
20 Day High5.23
20 Day Low4.6
52 Week High7.25
52 Week Low4.6
CS1 EndN/A
CR1 Start4.93
Volume & EV
DER(3)0%
DER(5)0%
Volume2.63K
Volume Incr-15.91%
Vol(5)4.16K
Vol(50)6.87K