ISHARES $ HIGH YIELD CORP BO (DHYD.AS) Stock Technical Analysis
AMS:DHYD - Euronext Amsterdam - IE00BKF09C98 - ETF - Currency: USD
Taking everything into account, DHYD scores 0 out of 10 in our technical rating. DHYD'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.
Although the technical rating is bad, DHYD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.53, a Stop Loss order could be placed below this zone.
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4.34
When analyzing the support we notice one important area.
- A support zone ranging from 4.38 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.55 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.74 to 4.76. 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 DHYD.AS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHYD.AS is down. |
| ChartMill Relative Strength | 38.86 | NEUTRAL | DHYD.AS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHYD.AS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHYD.AS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DHYD.AS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.51 | NEUTRAL | The RSI value for DHYD.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests DHYD.AS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.63 | NEUTRAL | The Stochastics value for DHYD.AS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for DHYD.AS suggests low volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for DHYD.AS suggests a strong trend. |
AMS:DHYD (5/30/2025, 7:00:00 PM)
4.5435
0 (-0.02%)