PGIM GLOBAL HIGH YIELD FUND (GHY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GHY - US69346J1060
Taking everything into account, GHY scores 0 out of 10 in our technical rating. GHY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of GHY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.51
When analyzing the support we can see 2 important areas.
- Support @11.92 from a trend line in the weekly time frame.
- Support @11.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 12.20 to 12.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.92 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.28 to 13.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.63 to 13.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GHY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GHY is down. |
| ChartMill Relative Strength | 26.29 | NEGATIVE | GHY has a low relative strength, it was outperformed by 73.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GHY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GHY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GHY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.01 | NEUTRAL | The RSI value for GHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GHY has a negative trend. |
| Stochastics (14,3) | 26.22 | NEUTRAL | The Stochastics value for GHY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for GHY suggests low volalility. |
| Average Directional Index/ADX (14) | 29.5 | POSITIVE | The high ADX value value for GHY suggests a strong trend. |
12.1
-0.07 (-0.58%)
PGIM GLOBAL HIGH YIELD FUND / GHY FAQ
What is the ChartMill technical rating of PGIM GLOBAL HIGH YIELD FUND (GHY) stock?
ChartMill assigns a technical rating of 0 / 10 to GHY.
What is the trend direction for GHY stock?
The current trend direction for PGIM GLOBAL HIGH YIELD FUND (GHY) is Bearish.
What is the RSI signal for GHY stock?
PGIM GLOBAL HIGH YIELD FUND (GHY) has an RSI value of 33.0125. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PGIM GLOBAL HIGH YIELD FUND?
The MACD indicator for PGIM GLOBAL HIGH YIELD FUND (GHY) has a value of -0.0132358, indicating a bearish trend.
Can you provide the buy/sell signal for PGIM GLOBAL HIGH YIELD FUND?
The buy/sell signal for PGIM GLOBAL HIGH YIELD FUND (GHY) is sell as both the short term and long term trends are negative.