Technical Analysis for HYG - iShares iBoxx $ High Yield Corporate Bond ETF

Grade Last Price % Change Price Change
grade A 85.19 0.18% 0.15
HYG closed up 0.18 percent on Wednesday, August 5, 2020, on 52 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical HYG trend table...

Date Alert Name Type % Chg
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Cup with Handle Other 0.18%
Narrow Range Bar Range Contraction 0.18%
Overbought Stochastic Strength 0.18%
Stochastic Sell Signal Bearish 0.14%
Cup with Handle Other 0.14%
Narrow Range Bar Range Contraction 0.14%

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Profile

The investment seeks investment results that correspond generally to the price and yield performance of the Markit iBoxx® USD Liquid High Yield Index. The fund generally invests at least 90% of its assets in the securities of the underlying index and in investments that provide substantially similar exposure to the securities in the index. The underlying index is a rules-based index consisting of liquid U.S. dollar-denominated, high yield corporate bonds for sale in the United States, as determined by the index provider. The underlying index is designed to provide a broad representation of the U.S. dollar-denominated liquid high yield corporate bond market.
Exchange Traded Fund ETF Bond Index High Yield Debt Corporate Bond Bond Market Indices iBoxx Credit Default Swap Index

Is HYG 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 88.53
52 Week Low 67.52
Average Volume 28,038,779
200-Day Moving Average 83.82
50-Day Moving Average 83.28
20-Day Moving Average 84.10
10-Day Moving Average 84.95
Average True Range 0.53
ADX 24.34
+DI 29.72
-DI 13.73
Chandelier Exit (Long, 3 ATRs ) 83.81
Chandelier Exit (Short, 3 ATRs ) 83.42
Upper Bollinger Band 86.21
Lower Bollinger Band 81.98
Percent B (%b) 0.76
BandWidth 5.03
MACD Line 0.73
MACD Signal Line 0.68
MACD Histogram 0.0519
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 85.52
Resistance 3 (R3) 85.50 85.36 85.47
Resistance 2 (R2) 85.36 85.28 85.38 85.45
Resistance 1 (R1) 85.28 85.23 85.32 85.30 85.43
Pivot Point 85.14 85.14 85.17 85.16 85.14
Support 1 (S1) 85.06 85.06 85.10 85.08 84.95
Support 2 (S2) 84.92 85.01 84.94 84.93
Support 3 (S3) 84.84 84.92 84.92
Support 4 (S4) 84.86