Technical Analysis for BSJN - Guggenheim BulletShares 2023 High Yield Corporate Bond ETF

Grade Last Price % Change Price Change
grade B 24.71 -0.08% -0.02
BSJN closed down 0.08 percent on Friday, August 14, 2020, on 1.22 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Up Flat
Historical BSJN trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Fell Below 20 DMA Bearish -0.08%
1,2,3 Pullback Bullish Bullish Swing Setup -0.08%

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Profile

The investment seeks investment results that correspond generally to the performance, of a high yield corporate bond index called the NASDAQ BulletShares® USD High Yield Corporate Bond 2023 Index. The High Yield 2023 Index is a rules-based index comprised of, as of September 30, 2015, approximately 217 high yield corporate bonds with effective maturities in the year 2023. It is designed to represent the performance of a held-to-maturity portfolio of U.S. dollar-denominated high yield corporate bonds with effective maturities in 2023. The fund will invest at least 80% of its total assets in component securities that comprise the index. It is non-diversified.
Exchange Traded Fund ETF Bond Bond Market High Yield Debt Bond Fund Corporate Bond Nasdaq Composite Index Yield Curve

Is BSJN 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 26.35
52 Week Low 19.98
Average Volume 148,296
200-Day Moving Average 24.69
50-Day Moving Average 24.44
20-Day Moving Average 24.75
10-Day Moving Average 24.81
Average True Range 0.13
ADX 31.89
+DI 19.35
-DI 16.47
Chandelier Exit (Long, 3 ATRs ) 24.53
Chandelier Exit (Short, 3 ATRs ) 24.73
Upper Bollinger Band 24.94
Lower Bollinger Band 24.57
Percent B (%b) 0.38
BandWidth 1.48
MACD Line 0.12
MACD Signal Line 0.15
MACD Histogram -0.0325
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.83
Resistance 3 (R3) 24.82 24.77 24.81
Resistance 2 (R2) 24.77 24.74 24.78 24.80
Resistance 1 (R1) 24.74 24.72 24.76 24.75 24.80
Pivot Point 24.69 24.69 24.70 24.70 24.69
Support 1 (S1) 24.66 24.66 24.68 24.67 24.62
Support 2 (S2) 24.61 24.64 24.62 24.62
Support 3 (S3) 24.58 24.61 24.61
Support 4 (S4) 24.59