Overall HYLD gets a technical rating of 0 out of 10. HYLD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, HYLD 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 25.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 25.36, a Stop Loss order could be placed below this zone.
More info and screens
25.04
We found 1 important support area.
- A support zone ranging from 25.29 to 25.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 25.52 to 26.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.29 to 27.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.99 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for HYLD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HYLD is down. |
| ChartMill Relative Strength | 36.33 | NEUTRAL | HYLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYLD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.13 | NEUTRAL | The RSI value for HYLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HYLD has a negative trend. |
| Stochastics (14,3) | 48.23 | NEUTRAL | The Stochastics value for HYLD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for HYLD suggests low volalility. |
| Average Directional Index/ADX (14) | 31.4 | POSITIVE | The high ADX value value for HYLD suggests a strong trend. |
NYSEARCA:HYLD (8/25/2023, 8:06:27 PM)
25.49
-0.01 (-0.04%)
High Yield ETF / HYLD FAQ
Can you provide the ChartMill technical rating for High Yield ETF?
ChartMill assigns a technical rating of 0 / 10 to HYLD.
What is the current trend direction of High Yield ETF (HYLD) stock?
The current trend direction for High Yield ETF (HYLD) is Bearish.
Can you provide the RSI signal for High Yield ETF?
High Yield ETF (HYLD) has an RSI value of 44.1288. This indicates that the stock is currently neutral.
What is the short term momentum for High Yield ETF (HYLD) stock?
The short term momentum for High Yield ETF (HYLD) is negative.
What is the buy/sell signal for HYLD stock?
The buy/sell signal for High Yield ETF (HYLD) is sell as both the short term and long term trends are negative.