Trading HDFCSILVER ETF within the Triangle Pattern - OBVMACDIntroduction:
In this blog post, we will discuss the potential of HDFCSILVER ETF stock price trade within the triangle pattern and within the support nose. We will also highlight the bullish signal on MACD and OBV indicators, which can indicate a positive trend.
The Triangle Pattern:
The trian
Key stats
About HDFCAMC - HDFCSILVER
Home page
Inception date
Sep 2, 2022
Structure
Open-Ended Fund
Replication method
Physical
Primary advisor
HDFC Asset Management Co. Ltd.
ISIN
INF179KC1DI2
The investment objective of the Scheme is to generate returns that are in line with the performance of physical silver in domestic prices, subject to tracking err.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous97.46%
Cash2.54%
Top 10 holdings
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.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HDFCSILVER trades at 94.63 INR today, its price has fallen −0.25% in the past 24 hours. Track more dynamics on HDFCSILVER price chart.
HDFCSILVER net asset value is 93.96 today — it's fallen 0.83% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HDFCSILVER price has risen by 0.68% over the last month, and its yearly performance shows a 2.69% increase. See more dynamics on HDFCSILVER price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.83% over the last month, have fallen by −0.83% over the last month, showed a 2.01% increase in three-month performance and has increased by 5.22% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.83% over the last month, have fallen by −0.83% over the last month, showed a 2.01% increase in three-month performance and has increased by 5.22% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HDFCSILVER invests in cash. See more details in our Analysis section.
HDFCSILVER expense ratio is 1.00%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HDFCSILVER isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HDFCSILVER technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDFCSILVER shows the buy signal. See more of HDFCSILVER technicals for a more comprehensive analysis.
Today, HDFCSILVER technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDFCSILVER shows the buy signal. See more of HDFCSILVER technicals for a more comprehensive analysis.
No, HDFCSILVER doesn't pay dividends to its holders.
HDFCSILVER trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HDFCSILVER shares are issued by HDFC Bank Ltd.
HDFCSILVER follows the MCX Silver (INR/kg). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 2, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.