Taking everything into account, SFHY scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SFHY is a bad performer.
SFHY has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 49.86, a Stop Loss order could be placed below this zone.
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48.26
When analyzing the support we notice one important area.
- A support zone ranging from 48.75 to 49.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 49.88 to 50.80. 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 | UP | POSITIVE | The long term trend for SFHY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SFHY is up. |
| ChartMill Relative Strength | 32.65 | NEUTRAL | SFHY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SFHY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SFHY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SFHY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.23 | NEUTRAL | The RSI value for SFHY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SFHY has a negative trend. |
| Stochastics (14,3) | 52.03 | NEUTRAL | The Stochastics value for SFHY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for SFHY suggests low volalility. |
Wisdomtree U.S. Short Term High Yield Corp Bond
NYSEARCA:SFHY (9/24/2021, 8:04:00 PM)
49.875
-0.02 (-0.03%)
Wisdomtree U.S. Short Term High Yield Corp Bond / SFHY FAQ
What is the technical rating for SFHY stock?
ChartMill assigns a technical rating of 5 / 10 to SFHY.
What is the trend direction for SFHY stock?
The current trend direction for Wisdomtree U.S. Short Term High Yield Corp Bond (SFHY) is Bullish.
What is the RSI signal for SFHY stock?
Wisdomtree U.S. Short Term High Yield Corp Bond (SFHY) has an RSI value of 53.2313. This indicates that the stock is currently neutral.
What is the short term momentum for SFHY stock?
The short term momentum for Wisdomtree U.S. Short Term High Yield Corp Bond (SFHY) is positive.
What is the support and resistance level for SFHY stock?
Wisdomtree U.S. Short Term High Yield Corp Bond (SFHY) has a support level at 49.86 and a resistance level at 49.88. Check the full technical report for our detailed analysis of SFHY support and resistance levels.