NASDAQ:HYBI - Nasdaq - US78433H5845 - ETF - Currency: USD
Overall HYBI gets a technical rating of 1 out of 10. In the last year, HYBI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, HYBI 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 49.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 49.32, a Stop Loss order could be placed below this zone.
48.10
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
49.37
+0.09 (+0.18%)