The stock of Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) hit a new 52-week high and has $18.80 target or 3.00% above today’s $18.25 share price. The 5 months bullish chart indicates low risk for the $180.17 million company. The 1-year high was reported on Nov, 24 by Barchart.com. If the $18.80 price target is reached, the company will be worth $5.41M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 3,475 shares traded hands. Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) has risen 5.27% since April 20, 2016 and is uptrending. It has underperformed by 0.14% the S&P500.
More notable recent Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) news were published by: Theglobeandmail.com which released: “Don Vialoux and son promise return after cutting ties with Horizons” on August 18, 2015, also Theglobeandmail.com with their article: “Why the fund I manage has exited 90% of its equities” published on May 05, 2016, Business.Financialpost.com published: “Jonathan Chevreau: Why fund investors should get active with their ETFs” on September 08, 2015. More interesting news about Horizons AlphaPro Seasonal Rotation ETF (TSE:HAC) were released by: Theglobeandmail.com and their article: “The best ETFs for investing in metals and mining” published on March 07, 2011 as well as Theglobeandmail.com‘s news article titled: “For seasonal traders, this Monday is the day to buy stocks” with publication date: October 26, 2012.
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