NYSEARCA:DHY - NYSE Arca - US22544F1030 - Currency: USD
Taking everything into account, DHY scores 1 out of 10 in our technical rating. DHY 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.
Although the technical rating is bad, DHY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.93, a Stop Loss order could be placed below this zone.
1.88
When analyzing the support we notice one important area.
We can see 4 important resistance areas.
NYSEARCA:DHY (4/25/2025, 8:04:00 PM)
2.01
0 (0%)