We assign a technical rating of 4 out of 10 to BYLD. BYLD has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- BYLD 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 BYLD is lagging the market slightly.
- When compared to the yearly performance of all other stocks, BYLD outperforms 41% of them, which is more or less in line with the market.
- In the last month BYLD has a been trading in a tight range between 22.73 and 22.95.
Although the technical rating is only medium, BYLD does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.87, 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
21.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.63 to 22.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.80 to 22.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.91 to 23.08. 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 BYLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BYLD is neutral. |
| ChartMill Relative Strength | 41.87 | NEUTRAL | BYLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BYLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of BYLD is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BYLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.64 | NEUTRAL | The RSI value for BYLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests BYLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 62.29 | NEUTRAL | The Stochastics value for BYLD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for BYLD suggests low volalility. |
| Average Directional Index/ADX (14) | 10.83 | NEGATIVE | The low ADX value for BYLD suggests a weak or negative trend. |
22.89
+0.04 (+0.18%)
ISHARES YIELD OPTIMIZED BOND / BYLD FAQ
What is the technical rating for BYLD stock?
ChartMill assigns a technical rating of 4 / 10 to BYLD.
Can you provide the trend direction for ISHARES YIELD OPTIMIZED BOND?
The current trend direction for ISHARES YIELD OPTIMIZED BOND (BYLD) is Bullish.
Can you provide the RSI signal for ISHARES YIELD OPTIMIZED BOND?
ISHARES YIELD OPTIMIZED BOND (BYLD) has an RSI value of 53.642. This indicates that the stock is currently neutral.
What is the short term momentum for BYLD stock?
The short term momentum for ISHARES YIELD OPTIMIZED BOND (BYLD) is neutral.