ISHARES 0-5 YR HY CORP BOND (SHYG) Stock Technical Analysis
NYSEARCA:SHYG - NYSE Arca - US46434V4077 - ETF - Currency: USD
Overall SHYG gets a technical rating of 4 out of 10. In the last year, SHYG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The long and short term trends are both positive. This is looking good!
SHYG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SHYG is performing more or less in line with the market.
SHYG has an average volume of 1252760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SHYG outperforms 47% of them, which is more or less in line with the market.
In the last month SHYG has a been trading in a tight range between 42.77 and 43.28.
SHYG has only a medium technical rating, but it does show a decent setup pattern. 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 43.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 43.06, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
39.78
43.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 42.88 to 43.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.68 to 42.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @41.00 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.18 to 40.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.43 to 43.44. 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
CRS47.97
Mansfield-0.63
10 Day High43.16
10 Day Low42.85
20 Day High43.28
20 Day Low42.77
52 Week High43.45
52 Week Low41.6
Performance
1 Week0.05%
2 Weeks0.09%
1 Month-0.21%
3 Month0.02%
6 Month0.07%
12 Month1.53%
2 Year4.21%
3 Year-2.82%
5 Year-5.69%
10 Year-12.79%
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
RSI(14)52.7
LBB42.87
UBB43.19
NYSEARCA:SHYG (2/24/2025, 3:27:54 PM)
43.11
+0.03 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week0.05%
2 Weeks0.09%
1 Month-0.21%
3 Month0.02%
6 Month0.07%
12 Month1.53%
2 Year4.21%
3 Year-2.82%
5 Year-5.69%
10 Year-12.79%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.27%
ATR Inc-37.25%
Range Today0.09
ADR(20)0.1
ADR(20)%0.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.97
Mansfield-0.63
10 Day High43.16
10 Day Low42.85
20 Day High43.28
20 Day Low42.77
52 Week High43.45
52 Week Low41.6
CS1 End43.06
CR1 Start43.08
Volume & EV
DER(3)-0.16%
DER(5)-0.06%
Volume529.80K
Volume Incr3.79%
Vol(5)1.49M
Vol(50)1.25M