FLEXSHARES HIGH YIELD VALUE (HYGV) Technical Analysis
NYSEARCA:HYGV • US33939L6627
Current stock price
HYGV Technical Rating and Analysis
Overall HYGV gets a technical rating of 3 out of 10. In the past year, HYGV was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 67% of all other stocks performed better in the past year than HYGV.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- HYGV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HYGV is lagging the market.
- In the last month HYGV has a been trading in a tight range between 39.55 and 40.71.
HYGV Weekly and Daily overview Charts
HYGV Setup Rating and Analysis
Although the technical rating is bad, HYGV does present a nice setup opportunity. 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. There is a resistance zone just above the current price starting at 40.78. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 40.47, 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
HYGV Support and Resistance Analysis
39.21
We found 1 important support area.
- A support zone ranging from 39.61 to 40.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.78 to 41.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
HYGV 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 HYGV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYGV is up. |
| ChartMill Relative Strength | 33.67 | NEUTRAL | HYGV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYGV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HYGV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYGV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.57 | NEUTRAL | The RSI value for HYGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HYGV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.14 | OVERBOUGHT | The high Stochastics value suggests HYGV may be overbought. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for HYGV suggests low volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for HYGV suggests a possible start of a new trend. |
HYGV Chart- and CandleStick Pattern Analysis
HYGV Technicals: Chart, Performance Metrics, Trend & Indicators
40.52
-0.09 (-0.22%)
FLEXSHARES HIGH YIELD VALUE / HYGV TA FAQ
What is the ChartMill technical rating of FLEXSHARES HIGH YIELD VALUE (HYGV) stock?
ChartMill assigns a technical rating of 3 / 10 to HYGV.
What is the trend direction for HYGV stock?
The current trend direction for FLEXSHARES HIGH YIELD VALUE (HYGV) is Bearish.
What is the RSI signal for HYGV stock?
FLEXSHARES HIGH YIELD VALUE (HYGV) has an RSI value of 56.5714. This indicates that the stock is currently neutral.
What is the MACD signal for HYGV stock?
The MACD indicator for FLEXSHARES HIGH YIELD VALUE (HYGV) has a value of 0.0685008, indicating a bearish trend.