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Stock Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
VanEck Short High Yield Muni ETF (BATS:SHYD)
Bear Market Rally (-75) - SHYD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SHYD as it may be in the beginning of a reversal.
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 DOWN since Sep 28th, 2021 at 25.16
The intermediate-term trend has been UP since Jul 5th, 2022 at 22.50
The short-term trend has been DOWN since Aug 5th, 2022 at 23.07
Smart Scan Analysis for SHYD
Based on our trend formula, SHYD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.04 | 23.11 | 22.97 | 22.98 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.00 | 144041 | 2022-08-11 15:59:46 |
| 52wk High | 25.56 | 52wk High Date | 2021-08-19 |
| 52wk Low | 21.91 | 52wk Low Date | 2022-06-13 |
| Average Volume | 259,127 | Shares Outstanding | 6,400 |