ISHARES 0-5 YR HY CORP BOND (SHYG) Stock Technical Analysis
USA - NYSEARCA:SHYG - US46434V4077 - ETF
Taking everything into account, SHYG scores 1 out of 10 in our technical rating. SHYG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SHYG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 42.47, a Stop Loss order could be placed below this zone.
More info and screens
40.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 42.07 to 42.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 40.81 to 41.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 42.78 to 43.43. 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 SHYG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHYG is down. |
| ChartMill Relative Strength | 45.8 | NEUTRAL | SHYG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHYG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHYG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHYG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.47 | NEUTRAL | The RSI value for SHYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHYG has a negative trend. |
| Stochastics (14,3) | 11.79 | OVERSOLD | The low Stochastics value suggests SHYG may be oversold. |
| Average True Range in percent/ATR (20) | 0.28 | LOW VOLATILITY | The low ATR as a percentage value for SHYG suggests low volalility. |
| Average Directional Index/ADX (14) | 23.55 | NEUTRAL | The ADX value for SHYG suggests a possible start of a new trend. |
NYSEARCA:SHYG (11/18/2025, 3:31:17 PM)
42.6844
-0.01 (-0.01%)
ISHARES 0-5 YR HY CORP BOND / SHYG FAQ
What is the technical rating for SHYG stock?
ChartMill assigns a technical rating of 1 / 10 to SHYG.
What is the trend direction for SHYG stock?
The current trend direction for ISHARES 0-5 YR HY CORP BOND (SHYG) is Bearish.
What is the RSI signal for ISHARES 0-5 YR HY CORP BOND (SHYG) stock?
ISHARES 0-5 YR HY CORP BOND (SHYG) has an RSI value of 37.4678. This indicates that the stock is currently neutral.
What is the short term momentum for SHYG stock?
The short term momentum for ISHARES 0-5 YR HY CORP BOND (SHYG) is negative.
What is the support and resistance level for SHYG stock?
ISHARES 0-5 YR HY CORP BOND (SHYG) has a support level at 42.47 and a resistance level at 42.78. Check the full technical report for our detailed analysis of SHYG support and resistance levels.