ISHARES IBOXX HIGH YLD CORP (HYG) Stock Technical Analysis
NYSEARCA:HYG - NYSE Arca - US4642885135 - ETF - Currency: USD
Overall HYG gets a technical rating of 4 out of 10. HYG has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Both the short term and long term trends are positive. This is a very positive sign.
HYG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HYG is lagging the market slightly.
HYG has an average volume of 31696100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, HYG turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
In the last month HYG has a been trading in a tight range between 79.04 and 79.97.
Although the technical rating is only medium, HYG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 79.64, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HYG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
76.11
81.16
We found 2 important support areas.
- A support zone ranging from 78.68 to 79.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 76.88 to 77.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 80.36 to 80.36. 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
CRS51.87
Mansfield-0.57
10 Day High79.89
10 Day Low79.15
20 Day High79.97
20 Day Low79.04
52 Week High80.37
52 Week Low75.59
Performance
1 Week-0.03%
2 Weeks0.06%
1 Month-0.01%
3 Month0.2%
6 Month0.31%
12 Month2.97%
2 Year6.87%
3 Year-4.8%
5 Year-7.43%
10 Year-13.3%
15 Year-8.63%
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
RSI(14)53.11
LBB79.24
UBB79.91
79.65
-0.15 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.19%
1 Week-0.03%
2 Weeks0.06%
1 Month-0.01%
3 Month0.2%
6 Month0.31%
12 Month2.97%
2 Year6.87%
3 Year-4.8%
5 Year-7.43%
10 Year-13.3%
15 Year-8.63%
Volatility
ATR(14)0.27
ATR(20)%0.31%
ATR Inc-36.85%
Range Today0.21
ADR(20)0.21
ADR(20)%0.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.87
Mansfield-0.57
10 Day High79.89
10 Day Low79.15
20 Day High79.97
20 Day Low79.04
52 Week High80.37
52 Week Low75.59
CS1 End79.64
CR1 Start80.36
Volume & EV
DER(3)3.04%
DER(5)1.49%
Volume32.02M
Volume Incr0.54%
Vol(5)29.34M
Vol(50)31.70M