Iboxx $ High Yield Cor (HYG.US)

Close: 76.81 (+0.09), May 13, 2022
Negative

Low risk

chart Iboxx $ High Yield Corporate Bd Ishares (HYG) Candlesticks 22 Days
Candlesticks
chart Iboxx $ High Yield Corporate Bd Ishares (HYG) Short term
Short term: Negative
chart Iboxx $ High Yield Corporate Bd Ishares (HYG) Medium term
Medium term: Negative
chart Iboxx $ High Yield Corporate Bd Ishares (HYG) Long term
Long term: Hold
chart Iboxx $ High Yield Corporate Bd Ishares (HYG)
RSI - Relative Strength Index

Short term

Iboxx $ High Yield Corporate Bd Ishares has broken the falling trend channel down in the short term, which indicates an even stronger falling rate. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the stock has resistance at 80.00 dollar. RSI below 30 shows that the momentum of the stock is strongly negative in the short term. Investor have steadily reduced the price to sell the stock, which indicates increasing pessimism and continued falling prices. However, particularly in big stocks, low RSI may be a sign that the stock is oversold and that there is a chance for a reaction upwards. The stock is overall assessed as technically negative for the short term.

Recommendation one to six weeks: Negative (Score: -82)

Medium term

Iboxx $ High Yield Corporate Bd Ishares has broken the falling trend channel down in the medium long term, which indicates an even stronger falling rate. There is no support in the price chart and further decline is indicated. In case of a positive reaction, the stock has resistance at 82.70 dollar. Volume has previously been low at price tops and high at price bottoms. This confirms the trend. The stock is overall assessed as technically negative for the medium long term.

Recommendation one to six months: Negative (Score: -92)

Long term

Iboxx $ High Yield Corporate Bd Ishares is within an approximate horizontal trend channel in the long term, which indicates further development in the same direction. The stock has support at dollar 68.70 and resistance at dollar 80.00. The RSI curve shows a falling trend, which is an early signal of a possible trend reversal downwards for the price as well. The stock is overall assessed as technically neutral for the long term.

Recommendation one to six quarters: Hold (Score: -12)


Overall analysis

Iboxx $ High Yield Corporate Bd Ishares is technically negative for the short and medium term, and neutral for the long term.

Recommendation one to six months: Negative (Score: -79)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-0.28%3 770.17+0.12%
5 days63.950.85%3 496.88-1.01%
22 days4.621.98%3 031.85-4.35%
66 days-0.103.42%3 397.26-8.14%
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
+