HGRO Hedgeye Quality Growth ETF Forecast, Technical & Fundamental Analysis

HGRO in upward trend: price expected to rise as it breaks its lower Bollinger Band on December 16, 2025

HGRO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 1 cases where HGRO's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 22, 2025. You may want to consider a long position or call options on HGRO as a result. In of 5 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 HGRO just turned positive on December 24, 2025. Looking at past instances where HGRO's MACD turned positive, the stock continued to rise in of 6 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 HGRO advanced for three days, in of 32 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HGRO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .