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Stock Trend Analysis Report

Prepared for you on Monday, October 2, 2023.

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

Long-Term Downtrend (-90) - SHYG is in a strong downtrend that is likely to continue. While SHYG 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 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
40.7600 40.7600 40.5800 40.6200 -0.1756
Entry Signal

MarketClub’s Trade Triangles for SHYG

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 40.810

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 41.112

short term down The short-term trend has been DOWN since Oct 2nd, 2023 at 40.850

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
40.7600 40.7600 40.5800 40.6200 -0.1756
Prev. Close Volume Bid Ask Time
40.7956 2476747 2023-10-02 15:59:56
Year High47.47Year High Date2018-01-24
Year Low45.505Year Low Date2018-11-19
52wk High42.352wk High Date2023-02-02
52wk Low39.491152wk Low Date2022-10-13
Average Volume1,586,588Shares Outstanding120,500
Volatility4.01
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