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PROSHARES HIGH YIELD INTERES (HYHG) Stock Technical Analysis

NYSEARCA:HYHG - American Stock Exchange - US74348A5415 - ETF - Currency: USD

66.13  -0.04 (-0.05%)

Technical Rating and Analysis

7

Overall HYHG gets a technical rating of 7 out of 10. Although HYHG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: HYHG has an average volume of 19949 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
HYHG 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 HYHG is lagging the market slightly.
When comparing the performance of all stocks over the past year, HYHG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
In the last month HYHG has a been trading in a tight range between 64.35 and 66.83.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
PROSHARES HIGH YIELD INTERES / HYHG Weekly stock chart
PROSHARES HIGH YIELD INTERES / HYHG Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, HYHG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 66.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 65.97, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.73

67.05

We found 1 important support area.

  • A support zone ranging from 62.35 to 65.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 66.25 to 66.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.97
Mansfield-0.67
10 Day High66.5
10 Day Low65.93
20 Day High66.83
20 Day Low64.35
52 Week High66.83
52 Week Low61.49
Performance
1 Week-0.33%
2 Weeks-0.11%
1 Month0.69%
3 Month1.71%
6 Month5.14%
12 Month5.24%
2 Year9.95%
3 Year7.02%
5 Year2.55%
10 Year-7.94%
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)0.01
RSI(14)55.16
LBB65.58
UBB66.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
66.4065.920.48 (0.72%)25.00%
An entry @66.40. This is a Buy Stop order right above the resistance zone.An exit @65.92. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.48 points, which is 0.72%.For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of HYHG. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PROSHARES HIGH YIELD INTERES / HYHG Daily stock chart

PROSHARES HIGH YIELD INTERES

NYSEARCA:HYHG (1/30/2025, 4:15:00 PM)

66.13

-0.04 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week-0.33%
2 Weeks-0.11%
1 Month0.69%
3 Month1.71%
6 Month5.14%
12 Month5.24%
2 Year9.95%
3 Year7.02%
5 Year2.55%
10 Year-7.94%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%0.86%
ATR Inc-30.63%
Range Today0.28
ADR(20)0.57
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.97
Mansfield-0.67
10 Day High66.5
10 Day Low65.93
20 Day High66.83
20 Day Low64.35
52 Week High66.83
52 Week Low61.49
CS1 End65.97
CR1 Start66.25
Volume & EV
DER(3)1.4%
DER(5)1.49%
Volume94.87K
Volume Incr30.54%
Vol(5)27.93K
Vol(50)19.95K