BLACKROCK CORP HI YLD (HYT) Technical Analysis
NYSE:HYT • US09255P1075
Current stock price
HYT Technical Rating and Analysis
Taking everything into account, HYT scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HYT was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, HYT is a bad performer in the overall market: 78% of all stocks are doing better.
- HYT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month HYT has a been trading in a tight range between 8.48 and 8.78.
HYT Weekly and Daily overview Charts
HYT Setup Rating and Analysis
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
HYT Support and Resistance Analysis
8.16
We found 2 important support areas.
- A support zone ranging from 8.62 to 8.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.24 to 8.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.65 to 8.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.85 to 8.90. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 9.84 to 9.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.09 from a horizontal line in the weekly time frame.
HYT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for HYT is up. |
| ChartMill Relative Strength | 22.75 | NEGATIVE | HYT has a low relative strength, it was outperformed by 77.25% off all stocks 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) | 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) | 51.59 | NEUTRAL | The RSI value for HYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.9 | NEUTRAL | The Stochastics value for HYT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.83 | LOW VOLATILITY | The low ATR as a percentage value for HYT suggests low volalility. |
| Average Directional Index/ADX (14) | 14.2 | NEGATIVE | The low ADX value for HYT suggests a weak or negative trend. |
HYT Chart- and CandleStick Pattern Analysis
HYT Technicals: Chart, Performance Metrics, Trend & Indicators
8.64
-0.1 (-1.14%)
BLACKROCK CORP HI YLD / HYT TA FAQ
What is the technical rating for HYT stock?
ChartMill assigns a technical rating of 2 / 10 to HYT.
What is the trend direction for HYT stock?
The current trend direction for BLACKROCK CORP HI YLD (HYT) is Bearish.
What is the RSI signal for HYT stock?
BLACKROCK CORP HI YLD (HYT) has an RSI value of 51.5947. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BLACKROCK CORP HI YLD?
The short term momentum for BLACKROCK CORP HI YLD (HYT) is positive.
What are the support and resistance levels for BLACKROCK CORP HI YLD (HYT) stock?
BLACKROCK CORP HI YLD (HYT) has a support level at 8.63 and a resistance level at 8.65. Check the full technical report for our detailed analysis of HYT support and resistance levels.