HYEM Technical Analysis - VANECK EMRG MKTS HI YLD

Technical Rating and Analysis

Taking everything into account, HYEM scores 1 out of 10 in our technical rating. HYEM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

HYEM is part of the Automobile Components industry. There are 81 other stocks in this industry, of which 70% are performing better than HYEM.

HYEM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HYEM is lagging the market slightly.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

When compared to the yearly performance of all other stocks, HYEM outperforms 40% of them, which is more or less in line with the market.

In the last month HYEM has a been trading in a tight range between 19.78 and 20.20.

Volume is considerably higher in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

VANECK EMRG MKTS HI YLD / HYEM Weekly stock chart

VANECK EMRG MKTS HI YLD / HYEM Daily stock chart

Setup Rating and Analysis

The technical rating of HYEM 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

18.46

20.40

When analyzing the support we can see 2 important areas.

A support zone ranging from 19.59 to 19.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
A support zone ranging from 18.65 to 19.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 19.93 to 20.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for HYEM is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for HYEM is down.
ChartMill Relative Strength	40.47	NEUTRAL	HYEM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of HYEM is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of HYEM is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of HYEM is above the rising SMA(200).
Relative Strength Index/RSI (14)	34.98	NEUTRAL	The RSI value for HYEM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests HYEM has a negative trend.
Stochastics (14,3)	12.41	OVERSOLD	The low Stochastics value suggests HYEM may be oversold.
Average True Range in percent/ATR (20)	0.47	LOW VOLATILITY	The low ATR as a percentage value for HYEM suggests low volalility.
Average Directional Index/ADX (14)	28.86	POSITIVE	The high ADX value value for HYEM suggests a strong trend.