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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
VanEck Short High Yield Muni ETF (BATS:SHYD)
Sidelines Mode (-55) - SHYD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SHYD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHYD.
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 SHYD
The long-term trend has been UP since Dec 15th, 2023 at 22.1500
The intermediate-term trend has been DOWN since Apr 1st, 2024 at 22.2300
The short-term trend has been UP since Apr 19th, 2024 at 22.1751
Smart Scan Analysis for SHYD
Based on our trend formula, SHYD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.1800 | 22.2033 | 22.1350 | 22.1550 | +0.0050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.1900 | 25510 | 2024-04-19 15:58:04 |
| 52wk High | 22.52 | 52wk High Date | 2024-01-31 |
| 52wk Low | 21.3 | 52wk Low Date | 2023-11-10 |
| Average Volume | 106,518 | Shares Outstanding | 6,400 |