BLACKROCK CORP HI YLD (HYT) Stock Technical Analysis
NYSE:HYT - New York Stock Exchange, Inc. - US09255P1075 - Currency: USD
Taking everything into account, HYT scores 6 out of 10 in our technical rating. HYT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, HYT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.79, a Stop Loss order could be placed below this zone.
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8.58
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.70 to 9.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.50 from a horizontal line in the daily time frame.
- A support zone ranging from 8.67 to 8.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.80 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 | UP | POSITIVE | The long term trend for HYT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HYT is up. |
| ChartMill Relative Strength | 41.26 | NEUTRAL | HYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HYT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | 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) | 41.18 | NEUTRAL | The Stochastics value for HYT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for HYT suggests low volalility. |
| Average Directional Index/ADX (14) | 16.32 | NEGATIVE | The low ADX value for HYT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.87 | 9.69 | 0.18 (1.82%) | 25.00% |
| An entry @9.87. This is a Buy Stop order right above the 10 day high. | An exit @9.69. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.18 points, which is 1.82%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:HYT (7/25/2025, 8:04:00 PM)
9.8
+0.06 (+0.62%)