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Global X Gold Yield ETF

HGY.TO Technical Analysis Summary (TSX)

Analyze HGY.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HGY.TO●TSX
Financial ServicesAsset Management - Income
$13.98
$0.010(0.07%)
Canadian Market opens in 5h 30m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HGY.TO Technical Analysis Summary (TSX)

Global X Gold Yield ETF (TSX: HGY.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.43)
Trend Strength:Moderate (ADX: 24.10)
Volatility:Low (ATR: 0.20)
Support/Resistance:$13.50 – $14.74 (Bollinger Bands)

Technical conditions suggest Global X Gold Yield ETF on the TSX is awaiting a decisive move. This mix signals that Global X Gold Yield ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 29.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -57.53

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.39

Bearish
Selling pressure outweighs buying.

Takeaway:Global X Gold Yield ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.10

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 54.18

Bullish
Bullish, momentum building upward.

Takeaway:Global X Gold Yield ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.74
Middle Band (SMA 20)
$14.12
Lower Band
$13.50
Current Position
Within Bands

Takeaway:Global X Gold Yield ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$14.52
Middle Line (EMA 20)
$14.11
Lower Channel
$13.70
Squeeze Status
No Squeeze

Takeaway:Global X Gold Yield ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-131.92K
Money Flow Index41.01Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.48Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HGY.TO shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Global X Gold Yield ETF (TSX: HGY.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Global X Gold Yield ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: HGY.TO) Technical Analysis FAQ