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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)
Bear Market Rally (-75) - HYG is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HYG as it may be in the beginning of a reversal.
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 76.440
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 76.960
The short-term trend has been UP since Apr 19th, 2024 at 76.035
Smart Scan Analysis for HYG
Based on our trend formula, HYG is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 76.67 | 76.70 | 76.37 | 76.54 | -0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.54 | 36674914 | 2024-04-24 15:59:40 |
| 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 | 42,486,935 |
| Shares Outstanding | 234,100 | Assets | 160,249M |
| Beta | -0.23000000 | Volatility | 5.63 |