BLACKROCK CORP HI YLD (HYT) Stock Technical Analysis
USA - NYSE:HYT - US09255P1075
9.5 USD
+0.06 (+0.64%)
9.5 USD
0 (0%)
Overall HYT gets a technical rating of 0 out of 10. HYT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, HYT is a bad performer in the overall market: 75% of all stocks are doing better.
HYT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HYT is lagging the market slightly.
In the last month HYT has a been trading in a tight range between 9.40 and 9.61.
The technical rating of HYT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.58
10.22
When analyzing the support we notice one important area.
- Support @8.67 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.50 to 9.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.09 to 10.12. 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 | DOWN | NEGATIVE | The long term trend for HYT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HYT is down. |
| ChartMill Relative Strength | 25.13 | NEGATIVE | HYT has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HYT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HYT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.23 | NEUTRAL | The RSI value for HYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HYT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests HYT may be oversold. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for HYT suggests low volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for HYT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.5
+0.06 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.64%
1 Week-1.15%
2 Weeks-1.56%
1 Month-0.84%
3 Month-3.58%
6 Month8.76%
12 Month-5.13%
2 Year9.39%
3 Year10.41%
5 Year-11.61%
10 Year-4.36%
15 Year-18.27%
Volatility
ATR(14)0.06
ATR(20)%0.67%
ATR Inc27.4%
Range Today0.06
ADR(20)0.06
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.13
Mansfield-1.23
10 Day High9.6
10 Day Low9.4
20 Day High9.61
20 Day Low9.4
52 Week High10.05
52 Week Low7.84
CS1 End8.67
CR1 Start9.5
Volume & EV
DER(3)-2.19%
DER(5)-2.84%
Volume897.84K
Volume Incr-12.14%
Vol(5)686.12K
Vol(50)778.63K