BNY MELLON HIGH YIELD ETF (BKHY) Stock Technical Analysis
NYSEARCA:BKHY - NYSE Arca - US09661T8009 - ETF - Currency: USD
We assign a technical rating of 3 out of 10 to BKHY. BKHY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BKHY is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so BKHY slightly outperforms the market at the moment.
In the last month BKHY has a been trading in the 42.33 - 48.60 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, BKHY turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
BKHY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 47.08, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
45.11
49.42
We found 1 important support area.
- A support zone ranging from 45.57 to 47.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.37 to 47.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.92 to 48.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.53
Mansfield0.04
10 Day High48.6
10 Day Low46.39
20 Day High48.6
20 Day Low42.33
52 Week High48.99
52 Week Low42.33
Performance
1 Week0.36%
2 Weeks1.27%
1 Month-0.7%
3 Month-2.44%
6 Month-1.53%
12 Month0.11%
2 Year-0.19%
3 Year-5.06%
5 Year-7.09%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)50.63
LBB45.85
UBB47.85
47.14
-0.46 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.97%
1 Week0.36%
2 Weeks1.27%
1 Month-0.7%
3 Month-2.44%
6 Month-1.53%
12 Month0.11%
2 Year-0.19%
3 Year-5.06%
5 Year-7.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.86%
ATR Inc-63.08%
Range Today0.23
ADR(20)0.79
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.53
Mansfield0.04
10 Day High48.6
10 Day Low46.39
20 Day High48.6
20 Day Low42.33
52 Week High48.99
52 Week Low42.33
CS1 End47.08
CR1 Start47.37
Volume & EV
DER(3)-1.26%
DER(5)-2.71%
Volume204.30K
Volume Incr-67.06%
Vol(5)73.58K
Vol(50)114.84K