VANECK SH HI YLD MUNI (SHYD) Stock Technical Analysis
USA - NYSEARCA:SHYD - US92189F3872 - ETF
Taking everything into account, SHYD scores 7 out of 10 in our technical rating. Although SHYD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
SHYD has an excellent technical rating and also presents a decent setup pattern. 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 23.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.87, a Stop Loss order could be placed below this zone.
More info and screens
21.62
We found 1 important support area.
- A support zone ranging from 21.84 to 22.87. 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 23.00 to 23.00. 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 SHYD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHYD is up. |
| ChartMill Relative Strength | 41.59 | NEUTRAL | SHYD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHYD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHYD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHYD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.51 | OVERBOUGHT | The high RSI value suggests SHYD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests SHYD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.9 | OVERBOUGHT | The high Stochastics value suggests SHYD may be overbought. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for SHYD suggests low volalility. |
| Average Directional Index/ADX (14) | 30.37 | POSITIVE | The high ADX value value for SHYD suggests a strong 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 |
|---|---|---|---|
| 23.01 | 22.59 | 0.42 (1.83%) | 25.00% |
| An entry @23.01. This is a Buy Stop order right above the resistance zone. | An exit @22.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.42 points, which is 1.83%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
NYSEARCA:SHYD (9/17/2025, 10:19:32 AM)
22.97
-0.02 (-0.09%)