Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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
42.59 42.63 42.53 42.55 -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 41.690

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 42.460

short term up The short-term trend has been UP since Mar 27th, 2024 at 42.605

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
42.59 42.63 42.53 42.55 -0.08
Prev. Close Volume Bid Ask Time
42.55 973250 2024-03-28 15:59:58
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 Volume1,182,808Shares Outstanding120,500
Volatility4.01
Get a free daily analysis and signals for iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) - Request Your Free Report.