Even Herd Long Short ETF Price & Performance (EHLS)

The Even Herd Long Short ETF (EHLS) has seen recent price gains but remains in a declining short-term trend. Analysts suggest the ETF is a hold/accumulate candidate, with resistance at $21.66 and support near $20.32. Despite positive signals like a pivot bottom, low trading volume raises caution for investors.12

Recent analysis indicates a bearish sentiment for EHLS, with resistance at $20.94 and no clear support levels identified. Technical indicators suggest shorting the ETF at resistance points, as the market lacks upward momentum. Investors are advised to wait for stronger signals before making buy decisions.23

February 2025 saw $110.8 billion in ETF net inflows despite market volatility. U.S. equity ETFs led with $52.2 billion, while leveraged ETFs faced $2.3 billion in outflows. The SPDR S&P 500 ETF remained dominant in asset gathering, reflecting investor preference for large-cap equities amid economic uncertainty.4