FT TACTICAL HIGH YIELD ETF (HYLS) Stock Technical Analysis
NASDAQ:HYLS - Nasdaq - US33738D4088 - ETF - Currency: USD
Taking everything into account, HYLS scores 5 out of 10 in our technical rating. HYLS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
HYLS 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. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 41.60, 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
39.39
We found 1 important support area.
- A support zone ranging from 39.79 to 41.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 41.68 to 42.24. 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 | UP | POSITIVE | The long term trend for HYLS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYLS is neutral. |
| ChartMill Relative Strength | 45.51 | NEUTRAL | HYLS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HYLS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for HYLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HYLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.92 | NEUTRAL | The Stochastics value for HYLS is a neutral value. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for HYLS suggests low volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for HYLS suggests a possible start of a new trend. |
NASDAQ:HYLS (8/1/2025, 8:00:02 PM)
41.66
+0.04 (+0.1%)