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Horizons Marijuana Life Sciences Index ETF

Horizons Marijuana Life Sciences Index ETF (HMLSF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Horizons Marijuana Life Sciences Index ETF.

HMLSF●PNK
Financial ServicesAsset Management - Global
$5.35
$3.10(137.77%)
U.S. Market opens in NaNh NaNm
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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

HMLSF Technical Analysis Summary

Horizons Marijuana Life Sciences Index ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.32)
Trend Strength:Strong (ADX: 35.38)
Volatility:High (ATR: 0.42)
Support/Resistance:$3.24 – $6.80 (Bollinger Bands)

This mix signals that Horizons Marijuana Life Sciences Index ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.32

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 64.38

Bullish
Buying momentum building without extremes.

Williams %R: -3.43

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.08

Bullish
Steady upward momentum.

Takeaway:Horizons Marijuana Life Sciences Index ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.23

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.38

Strong
Strong trend, momentum well established.

ATR (14): 0.42

Low
Low volatility, stable price action.

CCI (14): 35.23

Bullish
Bullish, momentum building upward.

Takeaway:Horizons Marijuana Life Sciences Index ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.80
Middle Band (SMA 20)
$5.02
Lower Band
$3.24
Current Position
Within Bands

Takeaway:Horizons Marijuana Life Sciences Index ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$5.75
Middle Line (EMA 20)
$4.91
Lower Channel
$4.07
Squeeze Status
No Squeeze

Takeaway:Horizons Marijuana Life Sciences Index ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.88K
Money Flow Index53.68Neutral, balanced money flows with no clear signal.
Relative Vigor Index27.80Bearish, price momentum favors sellers.

Overall Takeaway:HMLSF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Horizons Marijuana Life Sciences Index ETF, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Horizons Marijuana Life Sciences Index ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ