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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
iShares iBoxx $ High Yield Corporate Bond ETF (PACF:HYG)
Long-Term Downtrend (-90) - HYG is in a strong downtrend that is likely to continue. While HYG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HYG?
MarketClub looks at technical strength and momentum to determine if the timing is right for HYG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HYG
The long-term trend has been DOWN since Apr 10th, 2024 at 76.44
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 76.96
The short-term trend has been DOWN since Apr 25th, 2024 at 76.11
Smart Scan Analysis for HYG
Based on our trend formula, HYG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.080 | 76.400 | 75.910 | 76.395 | -0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.540 | 44054521 | 2024-04-25 15:59:43 |
| Year High | 88.03 | Year High Date | 2018-01-08 |
| Year Low | 82.7 | Year Low Date | 2018-11-20 |
| 52wk High | 78.08 | 52wk High Date | 2023-12-27 |
| 52wk Low | 71.68 | 52wk Low Date | 2023-10-23 |
| Year End Close | 93.35 | Average Volume | 43,085,649 |
| Shares Outstanding | 234,100 | Assets | 160,249M |
| Beta | -0.23000000 | Volatility | 5.63 |