HAP VanEck Natural Resources ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVectorTM Global Natural Resources Index... Show more
HAP sees its 50-day moving average cross bullishly above its 200-day moving average
The 50-day moving average for HAP moved above the 200-day moving average on June 09, 2025. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on July 02, 2025. You may want to consider a long position or call options on HAP as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HAP just turned positive on July 03, 2025. Looking at past instances where HAP's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HAP advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 278 cases where HAP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HAP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HAP broke above its upper Bollinger Band on July 02, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category NaturalResources
HAP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HAP has been closely correlated with XLB. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if HAP jumps, then XLB could also see price increases.
| Ticker / NAME | Correlation To HAP | 1D Price Change % | ||
|---|---|---|---|---|
| HAP | 100% | +0.11% | ||
| XLB - HAP | 82% Closely correlated | -0.07% | ||
| VAW - HAP | 82% Closely correlated | +0.14% | ||
| COPX - HAP | 76% Closely correlated | -0.34% | ||
| CUT - HAP | 73% Closely correlated | -0.31% | ||
| BATT - HAP | 71% Closely correlated | +1.28% | ||
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