WESTERN ASSET HIGH YIELD OPP (HYI) Stock Technical Analysis
NYSE:HYI - US95768B1070
Taking everything into account, HYI scores 5 out of 10 in our technical rating. Although HYI is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
HYI has only a medium technical rating, but it does show a decent setup pattern. 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 12.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.98, 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
We found 3 important support areas.
- A support zone ranging from 11.82 to 11.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.34 to 11.58. This zone is formed by a combination of multiple trend lines 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 12.02 to 12.39. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for HYI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYI is up. |
| ChartMill Relative Strength | 34.19 | NEUTRAL | HYI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HYI is above a declining 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) | UP | POSITIVE | The current price of HYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for HYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HYI has a positive trend. |
| Stochastics (14,3) | 76.9 | NEUTRAL | The Stochastics value for HYI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.77 | LOW VOLATILITY | The low ATR as a percentage value for HYI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.72 | NEGATIVE | The low ADX value for HYI suggests a weak or negative trend. |
NYSE:HYI (9/8/2025, 12:01:40 PM)
12.012
-0.02 (-0.15%)