Technical Analysis for HYGH - iShares Interest Rate Hedged High Yield Bond ETF

Grade Last Price % Change Price Change
A 85.49 0.09% 0.08
HYGH closed up 0.09 percent on Friday, May 3, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.09%
Lizard Bearish Bearish Day Trade Setup 0.09%
Gilligan's Island Sell Setup Bearish Swing Setup 0.09%
New 52 Week Closing High Bullish 0.09%
NR7 Range Contraction 0.09%
Narrow Range Bar Range Contraction 0.09%
Three Weeks Tight Range Contraction 0.09%
Doji - Bearish? Reversal 0.09%
New 52 Week High Strength 0.09%
Overbought Stochastic Strength 0.09%

   Recent Intraday Alerts

Alert Time
Outside Day about 2 hours ago
Gilligan's Island Bearish Entry about 2 hours ago
Lizard Bearish Entry about 2 hours ago
Shooting Star Candlestick Entry about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks to mitigate the interest rate risk of a portfolio composed of U.S. Dollar-denominated, high yield corporate bonds. The fund seeks to invest at least 80% of its net assets in U.S. Dollar-denominated high yield bonds, U.S. Treasury securities (or cash equivalents) and in one or more underlying funds that principally invest in high yield bonds. It is an actively managed exchange-traded fund ("ETF") that does not seek to replicate the performance of a specified index. The fund may also invest in other interest rate futures contracts, including but not limited to, Eurodollar and Federal Funds futures.
Classification

Keywords: Exchange Traded Fund ETF Bond Banking U.S. Treasury Corporate Bond Fixed Income Analysis Interest Rate Future Eurodollar

Top 10 Components

Symbol Grade Price % Change Allocation
HYG A 0.17 94.48

Is HYGH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 85.519
52 Week Low 74.174
Average Volume 31,658
200-Day Moving Average 80.89
50-Day Moving Average 84.23
20-Day Moving Average 84.58
10-Day Moving Average 84.94
Average True Range 0.34
RSI (14) 69.51
ADX 36.09
+DI 33.96
-DI 14.34
Chandelier Exit (Long, 3 ATRs) 84.49
Chandelier Exit (Short, 3 ATRs) 84.85
Upper Bollinger Bands 85.48
Lower Bollinger Band 83.69
Percent B (%b) 0.96
BandWidth 2.11
MACD Line 0.30
MACD Signal Line 0.22
MACD Histogram 0.0802
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 85.59
Resistance 3 (R3) 85.60 85.56 85.56
Resistance 2 (R2) 85.56 85.52 85.55 85.55
Resistance 1 (R1) 85.49 85.49 85.47 85.47 85.54
Pivot Point 85.44 85.44 85.43 85.43 85.44
Support 1 (S1) 85.37 85.40 85.35 85.35 85.28
Support 2 (S2) 85.32 85.37 85.32 85.27
Support 3 (S3) 85.25 85.32 85.26
Support 4 (S4) 85.23