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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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

Sidelines Mode (+50) - SHYG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SHYG can gain momentum.

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
42.140 42.145 42.060 42.095 -0.125
Entry Signal

MarketClub’s Trade Triangles for SHYG

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 41.9400

intermediate term up The intermediate-term trend has been UP since Jun 12th, 2024 at 42.3000

short term up The short-term trend has been UP since Jun 12th, 2024 at 42.1065

Smart Scan Analysis for SHYG

Based on our trend formula, SHYG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for SHYG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.140 42.145 42.060 42.095 -0.125
Prev. Close Volume Bid Ask Time
42.100 592654 2024-06-14 15:59:46
Year High47.47Year High Date2018-01-24
Year Low45.505Year Low Date2018-11-19
52wk High42.6752wk High Date2024-03-21
52wk Low40.1552wk Low Date2023-10-23
Average Volume928,639Shares Outstanding120,500
Volatility4.01
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