HORIZON CORE BOND ETF (BNDY) Stock Technical Analysis
NYSEARCA:BNDY - US44053A5314 - ETF
Taking everything into account, BNDY scores 4 out of 10 in our technical rating. BNDY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
BNDY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.45
2 important support areas can be observed.
- A support zone ranging from 25.15 to 25.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.55 to 25.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for BNDY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BNDY is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BNDY has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BNDY is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 70.92 | OVERBOUGHT | The high RSI value suggests BNDY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests BNDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.14 | OVERBOUGHT | The high Stochastics value suggests BNDY may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for BNDY suggests low volalility. |
| Average Directional Index/ADX (14) | 27.85 | POSITIVE | The high ADX value value for BNDY suggests a strong trend. |
NYSEARCA:BNDY (9/5/2025, 8:04:00 PM)
25.5449
+0.14 (+0.53%)