NASDAQ:HYLS - Nasdaq - US33738D4088 - ETF - Currency: USD
We assign a technical rating of 2 out of 10 to HYLS. HYLS 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, HYLS 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 41.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.06, a Stop Loss order could be placed below this zone.
38.75
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
41.06
+0.09 (+0.22%)