NYSEARCA:HDV - NYSE Arca - US46429B6636 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to HDV. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HDV is showing a nice and steady performance.
HDV 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.
106.54
3 important support areas can be observed.
We found 1 important resistance area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
121.29 | 117.50 | 3.79 (3.12%) | 25.00% |
An entry @121.29. This is a Buy Stop order right above the resistance zone. | An exit @117.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.79 points, which is 3.12%. | For a 0.78% total portfolio risk, you can invest 25.00% of your capital in this trade. |
120.26
+1.56 (+1.31%)