CREDIT SUISSE HIGH YIELD BD (DHY) Stock Technical Analysis
NYSEARCA:DHY - NYSE Arca - US22544F1030 - Currency: USD
We assign a technical rating of 0 out of 10 to DHY. DHY 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 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.
64% of all other stocks performed better in the past year than DHY.
DHY 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 DHY is lagging the market slightly.
In the last month DHY has a been trading in a tight range between 2.02 and 2.07.
Considerably lower volume is observed in the last couple of days.
DHY has a bad technical rating, but it does show a decent setup pattern. 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
1.87
2.26
We found 2 important support areas.
- Support @1.98 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.89 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.04 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.16 to 2.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 2.23 to 2.24. 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 | DOWN | NEGATIVE | The long term trend for DHY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHY is neutral. |
| ChartMill Relative Strength | 36.87 | NEUTRAL | DHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DHY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.97 | NEUTRAL | The RSI value for DHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DHY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for DHY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for DHY suggests low volalility. |
| Average Directional Index/ADX (14) | 21.02 | NEUTRAL | The ADX value for DHY suggests a possible start of a new trend. |
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)
2.04
-0.01 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.49%
1 Week-0.49%
2 Weeks-0.97%
1 Month-0.97%
3 Month-5.56%
6 Month-8.52%
12 Month-0.49%
2 Year7.94%
3 Year7.94%
5 Year2%
10 Year-20.93%
15 Year-30.14%
Volatility
ATR(14)0.02
ATR(20)%1.08%
ATR Inc-32.26%
Range Today0.02
ADR(20)0.02
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.87
Mansfield-0.72
10 Day High2.06
10 Day Low2.02
20 Day High2.07
20 Day Low2.02
52 Week High2.27
52 Week Low1.82
CS1 End1.98
CR1 Start2.04
Volume & EV
DER(3)0.3%
DER(5)0.43%
Volume427.57K
Volume Incr-62.04%
Vol(5)269.85K
Vol(50)624.32K