BNYM HIGH YIELD STRATEGIES (DHF) Technical Analysis
NYSE:DHF • US09660L1052
Current stock price
DHF Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to DHF. DHF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, DHF is a bad performer in the overall market: 72% of all stocks are doing better.
- In the last month DHF has a been trading in the 2.33 - 2.47 range, which is quite wide. It is currently trading near the high of this range.
- DHF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DHF is lagging the market.
DHF Weekly and Daily overview Charts
DHF Setup Rating and Analysis
Although the technical rating is bad, DHF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
DHF Support and Resistance Analysis
2.30
When analyzing the support we notice one important area.
- A support zone ranging from 2.32 to 2.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.43 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.57 to 2.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
DHF Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for DHF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHF is neutral. |
| ChartMill Relative Strength | 28.81 | NEGATIVE | DHF has a low relative strength, it was outperformed by 71.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DHF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.72 | NEUTRAL | The RSI value for DHF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DHF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.27 | NEUTRAL | The Stochastics value for DHF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.26 | LOW VOLATILITY | The low ATR as a percentage value for DHF suggests low volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for DHF suggests a possible start of a new trend. |
DHF Chart- and CandleStick Pattern Analysis
DHF Technicals: Chart, Performance Metrics, Trend & Indicators
2.43
0 (0%)
BNYM HIGH YIELD STRATEGIES / DHF TA FAQ
What is the ChartMill technical rating of BNYM HIGH YIELD STRATEGIES (DHF) stock?
ChartMill assigns a technical rating of 1 / 10 to DHF.
Can you provide the trend direction for BNYM HIGH YIELD STRATEGIES?
The current trend direction for BNYM HIGH YIELD STRATEGIES (DHF) is Bearish.
What is the RSI signal for DHF stock?
BNYM HIGH YIELD STRATEGIES (DHF) has an RSI value of 51.721. This indicates that the stock is currently neutral.
What is the MACD signal for BNYM HIGH YIELD STRATEGIES (DHF) stock?
The MACD indicator for BNYM HIGH YIELD STRATEGIES (DHF) has a value of 0.00359402, indicating a bearish trend.
What is the support and resistance level for DHF stock?
BNYM HIGH YIELD STRATEGIES (DHF) has a support level at 2.33 and a resistance level at 2.43. Check the full technical report for our detailed analysis of DHF support and resistance levels.