Key stats
About BETAPRO NAT GAS LEV DAILY BULL ETF SHS (POST REV SPLIT)
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Inception date
Jan 15, 2008
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund aims to provide 2x the daily returns of an index that holds futures contracts on natural gas. The fund`s underlying index, the Horizons Natural Gas Rolling Futures Index, provides exposure to the performance of front month natural gas futures contracts. HNU is a leveraged product that resets daily. As such, this is not a buy-and-hold ETF, it is best designed for short-term tactical trading purposes. Returns can vary significantly from 2x exposure to its underlying index if holding shares of HNU longer than a day.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash62.57%
Miscellaneous37.43%
Bull Play on Natural GasNatural Gas entered oversold area on the weekly chart yesterday. Historically, it doesn't happen often but, when it does, an eventual bounce always follows. HNU, which tracks, currency.com Natural Gas futures, has completed a bullish MACD cross despite recent drop. Nat Gas MACD, likewise, is showing
Horizons' BetaPro Goes Full Alpha in NovemberThe Horizons BetaPro Natural Gas 2x Daily Bear ETF (TSX:HNU) has gone CRAZY this month! I guess we're in for a cold winter??
Here are two pickups made by the AllTradeSignals Volume Pressure Gauge:
Trade #1 - 82% gain in 7 days
Trade #2 - 24% gain in 3 day
Doubling your investment in two tra
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.