HCM Hedged Equity ETF (HAWG)

HCM Hedged Equity ETF is trading at $29.72, down 1.26% on the session. The 50 day average sits at $30.27 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 36.1, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $29.62 with resistance near $30.22, so that band frames the current range. Average daily movement is roughly $0.22, or about 0.7% of the share price, which is what any stop placement has to allow for. The overall health score of 48 out of 100 combines a trend score of 48, momentum of 30 and a risk score of 74.

Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities represented in the S&P 500® Index (by replicating the Solactive U.S. Large Cap Index) and Nasdaq-100 Index (by replicating the Solactive United States Technology 100 Index). It is non-diversified.