HERO Global X Video Games & Esports ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Video Games & Esports Index... Show more
HERO sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for HERO moved below the 200-day moving average on January 14, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on January 30, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on HERO as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HERO turned negative on January 30, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
HERO moved below its 50-day moving average on January 30, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HERO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The 10-day moving average for HERO crossed bullishly above the 50-day moving average on January 16, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 HERO advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
HERO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 207 cases where HERO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Advertisement
General Information
Category Communications
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| ARMIX | 15.79 | 0.22 | +1.41% |
| ARGA Emerging Markets Value Instl | |||
| EAMAX | 22.79 | 0.30 | +1.33% |
| Lord Abbett Emerging Markets Equity A | |||
| QTELX | 14.38 | 0.17 | +1.20% |
| AQR Emerging Multi-Style II I | |||
| HRISX | 16.84 | 0.04 | +0.24% |
| Harbor International Small Cap Admin | |||
| LEGAX | 73.50 | -1.39 | -1.86% |
| Columbia Cornerstone Growth A | |||
HERO and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HERO has been closely correlated with ESPO. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if HERO jumps, then ESPO could also see price increases.
| Ticker / NAME | Correlation To HERO | 1D Price Change % | ||
|---|---|---|---|---|
| HERO | 100% | -0.12% | ||
| ESPO - HERO | 83% Closely correlated | +0.55% | ||
| VGT - HERO | 70% Closely correlated | +0.69% | ||
| IYW - HERO | 70% Closely correlated | +0.63% | ||
| XLK - HERO | 68% Closely correlated | +0.96% | ||
| SOXX - HERO | 67% Closely correlated | +1.85% | ||
More | ||||