WESTERN ASSET HIGH YIELD DEF (HYI) Stock Technical Analysis
NYSE:HYI - New York Stock Exchange, Inc. - US95768B1070 - Currency: USD
We assign a technical rating of 4 out of 10 to HYI. In the past year, HYI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
HYI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 11.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HYI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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10.95
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.34 to 11.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.96 to 12.40. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for HYI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYI is neutral. |
| ChartMill Relative Strength | 42.25 | NEUTRAL | HYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HYI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.5 | NEUTRAL | The RSI value for HYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HYI has a negative trend. |
| Stochastics (14,3) | 38.38 | NEUTRAL | The Stochastics value for HYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for HYI suggests low volalility. |
| Average Directional Index/ADX (14) | 14.95 | NEGATIVE | The low ADX value for HYI suggests a weak or negative trend. |
NYSE:HYI (7/25/2025, 6:40:00 PM)
11.89
-0.01 (-0.08%)