BLACKROCK CORP HI YLD (HYT) Stock Technical Analysis
USA - NYSE:HYT - US09255P1075
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.
Although the technical rating is bad, HYT 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 9.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.43, a Stop Loss order could be placed below this zone.
More info and screens
9.15
We found 1 important support area.
- A support zone ranging from 9.24 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.49 to 10.12. 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 | DOWN | NEGATIVE | The long term trend for HYT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYT is neutral. |
| ChartMill Relative Strength | 25.03 | NEGATIVE | HYT has a low relative strength, it was outperformed by 74.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HYT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HYT is above 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) | 50.42 | NEUTRAL | The RSI value for HYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.18 | OVERBOUGHT | The high Stochastics value suggests HYT may be overbought. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for HYT suggests low volalility. |
| Average Directional Index/ADX (14) | 24.55 | NEUTRAL | The ADX value for HYT suggests a possible start of a new trend. |
9.49
+0.03 (+0.32%)
BLACKROCK CORP HI YLD / HYT FAQ
What is the technical rating for HYT stock?
ChartMill assigns a technical rating of 0 / 10 to HYT.
Can you provide the trend direction for BLACKROCK CORP HI YLD?
The current trend direction for BLACKROCK CORP HI YLD (HYT) is Bearish.
Can you provide the RSI signal for BLACKROCK CORP HI YLD?
BLACKROCK CORP HI YLD (HYT) has an RSI value of 50.4242. This indicates that the stock is currently neutral.
What are the support and resistance levels for BLACKROCK CORP HI YLD (HYT) stock?
BLACKROCK CORP HI YLD (HYT) has a support level at 9.43 and a resistance level at 9.48. Check the full technical report for our detailed analysis of HYT support and resistance levels.