BNYM HIGH YIELD STRATEGIES (DHF)

US09660L1052

2.49  +0.01 (+0.4%)

Technical Rating and Analysis

7

Taking everything into account, DHF scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DHF is only an average performer.

The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by DHF, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so DHF is leading the market.
When comparing the performance of all stocks over the past year, DHF turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
In the last month DHF has a been trading in a tight range between 2.39 and 2.50.
Weekly and Daily overview Charts
DHF Weekly chart
DHF Daily chart
Setup Rating and Analysis

6

Although DHF has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

2.01

2.54

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 2.39 to 2.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.33 from a horizontal line in the daily time frame.
  • A support zone ranging from 2.26 to 2.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.12 from a horizontal line in the weekly time frame.
  • Support @2.03 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.49 to 2.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.92
Mansfield-0.31
10 Day High2.5
10 Day Low2.43
20 Day High2.5
20 Day Low2.39
52 Week High2.5
52 Week Low2.06
Performance
1 Week1.64%
2 Weeks0%
1 Month3.33%
3 Month6.9%
6 Month5.53%
12 Month10.22%
2 Year3.33%
3 Year-29.14%
5 Year-19.48%
10 Year-37.06%
15 Year-25.53%
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)59.7
LBB2.42
UBB2.5
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.522.420.10 (3.97%)25.00%
An entry @2.52. This is a Buy Stop order right above the resistance zone.An exit @2.42. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.10 points, which is 3.97%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.99%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DHF Daily chart

BNYM HIGH YIELD STRATEGIES

NYSE:DHF (7/26/2024, 3:15:00 PM)

2.49

+0.01 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.4%
1 Week1.64%
2 Weeks0%
1 Month3.33%
3 Month6.9%
6 Month5.53%
12 Month10.22%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%1%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.5
10 Day Low2.43
20 Day High2.5
20 Day Low2.39
52 Week High2.5
52 Week Low2.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume163.42K
Volume Incr-7%
Vol(5)236.46K
Vol(50)251.91K