ISHARES HG Y M IN AC ETF-USD (HYMU) Stock Technical Analysis
NYSEARCA:HYMU - NYSE Arca - US0925281083 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to HYMU. HYMU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, HYMU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 22.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.86, a Stop Loss order could be placed below this zone.
More info and screens
21.84
2 important support areas can be observed.
- A support zone ranging from 22.70 to 22.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.06 to 22.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.89 to 23.25. 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 | NEUTRAL | NEUTRAL | The long term trend for HYMU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYMU is up. |
| ChartMill Relative Strength | 47.05 | NEUTRAL | HYMU is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYMU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HYMU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYMU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.74 | NEUTRAL | The RSI value for HYMU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HYMU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.06 | NEUTRAL | The Stochastics value for HYMU is a neutral value. |
| Average True Range in percent/ATR (20) | 0.46 | LOW VOLATILITY | The low ATR as a percentage value for HYMU suggests low volalility. |
| Average Directional Index/ADX (14) | 23.89 | NEUTRAL | The ADX value for HYMU suggests a possible start of a new trend. |
NYSEARCA:HYMU (2/7/2025, 8:04:00 PM)
22.87
-0.02 (-0.09%)