Horizons Active Canadian Dividend ETF Surpasses 200-Day Average

The Horizons Active Canadian Dividend ETF (TSE:HAL) achieved a significant trading milestone as its share price soared above the 200-day moving average—a key indicator watched by market analysts. During last Friday's trading session, the fund's shares hit a peak of C$18.71, surpassing the 200-day moving average price of C$18.53. The trading volume for the day was recorded at 5,463 shares, with the ETF's shares closing at C$18.68.

Horizons Active Canadian Dividend ETF Witnesses Uptick

Notably, the fund has also displayed a favourable trend over a shorter term, with its 50-day simple moving average standing at C$18.18, compared to the 200-day average of C$18.53, reflecting an overall upward trajectory in its market performance.

Understanding Horizons Active Canadian Dividend ETF

Established in 1919, Halliburton, which backs the Horizons Active Canadian Dividend ETF, ranks among the foremost entities providing diversified services and products to the global energy industry. The company employs a formidable workforce exceeding 40,000 individuals, spread across more than 70 countries, embodying around 140 different nationalities. Halliburton's operations span the entire reservoir lifecycle—encompassing hydrocarbon discovery, geodata management, drilling, formation evaluation, and extending to well construction, completion, and production optimization—underscored by a commitment to delivering maximum value to its clientele throughout.

Horizons, ETF, Average