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Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

VanEck Short High Yield Muni ETF (BATS:SHYD)

Long-Term Downtrend (-90) - SHYD is in a strong downtrend that is likely to continue. While SHYD 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 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.

BATS_SHYD
Open High Low SHYD Price Change
24.900 24.970 24.900 24.930 +0.005
Entry Signal

MarketClub’s Trade Triangles for SHYD

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 25.16

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2021 at 25.51

short term down The short-term trend has been DOWN since Oct 7th, 2021 at 25.01

Smart Scan Analysis for SHYD

Based on our trend formula, SHYD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SHYD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.900 24.970 24.900 24.930 +0.005
Prev. Close Volume Bid Ask Time
24.940 47146 2021-10-22 15:59:51
52wk High25.6652wk High Date2021-08-03
52wk Low24.0552wk Low Date2020-11-02
Average Volume124,714Shares Outstanding6,400
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