HLAL - Looking for potential bullish sentiment The price is situated above the Kumo, indicating a bullish trend overall.
The Tenkan-sen is above the Kijun-sen, reinforcing the bullish sentiment.
However, the recent action shows the price attempting to break past the previous high around $53.00, which has acted as resistance.
Recent volume spikes
Key stats
About Wahed FTSE USA Shariah ETF
Home page
Inception date
Jul 16, 2019
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Wahed Invest LLC
Distributor
Quasar Distributors LLC
HLAL invests in US equities that conform to Shariah standards. Securities are screened to determine their Shariah status based on their business activities and certain financial ratios. More importantly, businesses involved in certain activities are prohibited from inclusion in the index. Examples of such activities include conventional finance, alcohol production or sale, pork-related products or non-halal food-related businesses, casino management, adult entertainment, tobacco production/sales, and weapons-related businesses. HLAL includes large- and midcap equities.
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
Top 10 holdings
HLAL Bullish Reversal ConfirmationHLAL has now entered or in the Fib golden pocket
This is a confirmation of a bullish reversal technically
If there is a rejection then it can follow the path of previous Aug 2022 path . Lets hope it doesn't go there but the fundamentals are there to push it down to that path for e.g looming rec
HLAL : The bulls are weakening ( Medium term - Wave analysis)This time around we will look at HLAL, a syariah compliant ETF listed on NASDAQ that provides muslims investors exposure to the US stock market. We ourselves had a small portion of our portfolio invested in HLAL as a long term investment though we would not be biased in presenting our analysis here.
IMO HLAL needs to balance is portfolio little bitIve been following this ETF for a few weeks now and I was going to pick it up HLAL tomorrow but I decided to take a deeper look into it. The reason I decided not to pick up this ETF is because of holding in Nike and Apple stocks.
These two companies among a few other giants are trying to water down
See all ideas
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.