XTRS LOW BETA HI YIELD ETF (HYDW) Stock Technical Analysis
NYSEARCA:HYDW - NYSE Arca - US2330512672 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to HYDW. In the past year, HYDW was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, HYDW 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 46.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 46.40, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
44.07
When analyzing the support we notice one important area.
- A support zone ranging from 44.52 to 46.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 46.58 to 47.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
NYSEARCA:HYDW (4/30/2025, 8:12:04 PM)
46.4815
-0.17 (-0.37%)