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Stock Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

iShares 0-5 Year High Yield Corporate Bond ETF (PACF:SHYG)

Long-Term Uptrend (+90) - SHYG is in a strong uptrend that is likely to continue. While SHYG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SHYG?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHYG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

PACF_SHYG
Open High Low SHYG Price Change
41.80 41.84 41.75 41.79 +0.08
Entry Signal

MarketClub’s Trade Triangles for SHYG

long term up The long-term trend has been UP since Nov 29th, 2023 at 41.6900

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 40.8492

short term up The short-term trend has been UP since Dec 6th, 2023 at 41.7600

Smart Scan Analysis for SHYG

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

+90
Smart Scan Analysis for SHYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.80 41.84 41.75 41.79 +0.08
Prev. Close Volume Bid Ask Time
41.71 729200 2023-12-07 14:32:20
Year High47.47Year High Date2018-01-24
Year Low45.505Year Low Date2018-11-19
52wk High42.352wk High Date2023-02-02
52wk Low40.1552wk Low Date2023-10-23
Average Volume1,121,329Shares Outstanding120,500
Volatility4.01
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