NEW AMERICA HIGH INCOME FUND (HYB) Technical Analysis
NYSE:HYB • US6418768007
Current stock price
HYB Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to HYB. In the last year, HYB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- HYB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HYB is leading the market.
- When compared to the yearly performance of all other stocks, HYB outperforms 68% of them, which is more or less in line with the market.
- In the last month HYB has a been trading in a tight range between 8.15 and 8.31.
- Volume is considerably higher in the last couple of days.
HYB Weekly and Daily overview Charts
HYB Setup Rating and Analysis
The technical rating of HYB is bad and it also does not present a quality setup 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.
More info and screens
HYB Support and Resistance Analysis
8.02
When analyzing the support we notice one important area.
- A support zone ranging from 8.10 to 8.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.22 to 8.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HYB 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 | UP | POSITIVE | The long term trend for HYB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYB is neutral. |
| ChartMill Relative Strength | 68.85 | NEUTRAL | HYB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.89 | NEUTRAL | The RSI value for HYB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HYB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.1 | NEUTRAL | The Stochastics value for HYB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for HYB suggests low volalility. |
| Average Directional Index/ADX (14) | 12.07 | NEGATIVE | The low ADX value for HYB suggests a weak or negative trend. |
HYB Chart- and CandleStick Pattern Analysis
HYB Technicals: Chart, Performance Metrics, Trend & Indicators
8.2
-0.09 (-1.09%)
NEW AMERICA HIGH INCOME FUND / HYB TA FAQ
What is the technical rating for HYB stock?
ChartMill assigns a technical rating of 3 / 10 to HYB.
What is the current trend direction of NEW AMERICA HIGH INCOME FUND (HYB) stock?
The current trend direction for NEW AMERICA HIGH INCOME FUND (HYB) is Bullish.
What is the RSI signal for NEW AMERICA HIGH INCOME FUND (HYB) stock?
NEW AMERICA HIGH INCOME FUND (HYB) has an RSI value of 43.887. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEW AMERICA HIGH INCOME FUND?
The MACD indicator for NEW AMERICA HIGH INCOME FUND (HYB) has a value of 0.000486152, indicating a bearish trend.