BNYM HIGH YIELD STRATEGIES (DHF) Technical Analysis
NYSE:DHF • US09660L1052
Current stock price
DHF Technical Rating and Analysis
Overall DHF gets a technical rating of 0 out of 10. DHF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 69% of all other stocks performed better in the past year than DHF.
- DHF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHF is lagging the market slightly.
- In the last month DHF has a been trading in a tight range between 2.33 and 2.44.
DHF Weekly and Daily overview Charts
DHF Setup Rating and Analysis
Although the technical rating is bad, DHF does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for DHF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
DHF Support and Resistance Analysis
2.26
When analyzing the support we can see 2 important areas.
- Support @2.32 from a horizontal line in the weekly time frame.
- Support @2.28 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.54 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 | 31.53 | NEUTRAL | DHF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DHF is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHF is below 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) | 46.48 | NEUTRAL | The RSI value for DHF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DHF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.7 | NEUTRAL | The Stochastics value for DHF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for DHF suggests low volalility. |
| Average Directional Index/ADX (14) | 38.61 | POSITIVE | The high ADX value value for DHF suggests a strong trend. |
DHF Chart- and CandleStick Pattern Analysis
DHF Technicals: Chart, Performance Metrics, Trend & Indicators
2.38
-0.02 (-0.83%)
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 0 / 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 46.4826. 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 0.00843731, indicating a bearish trend.
What is the support and resistance level for DHF stock?
BNYM HIGH YIELD STRATEGIES (DHF) has a support level at 2.32 and a resistance level at 2.54. Check the full technical report for our detailed analysis of DHF support and resistance levels.