HORIZON CORE BOND ETF (BNDY) Stock Technical Analysis
NYSEARCA:BNDY - NYSE Arca - US44053A5314 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to BNDY. In the last year, BNDY was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
BNDY has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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24.44
We found 1 important support area.
- A support zone ranging from 24.69 to 25.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.21 to 25.24. 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) | 69.58 | NEUTRAL | The RSI value for BNDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests BNDY has a negative trend. |
| Stochastics (14,3) | 90.5 | OVERBOUGHT | The high Stochastics value suggests BNDY may be overbought. |
| Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for BNDY suggests low volalility. |
| Average Directional Index/ADX (14) | 27.4 | POSITIVE | The high ADX value value for BNDY suggests a strong trend. |
NYSEARCA:BNDY (8/8/2025, 11:49:08 AM)
25.1778
-0.04 (-0.17%)