Technical Analysis for AOHY - Angel Oak High Yield Opportunities ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Very Strong | N/A | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
20 DMA Support | Bullish | 0.00% | |
1,2,3 Pullback Bullish | Bullish Swing Setup | 0.00% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
Gapped Down | Weakness | 0.00% | |
Crossed Above 20 DMA | Bullish | 0.00% | |
1,2,3 Pullback Bullish | Bullish Swing Setup | 0.00% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
Outside Day | Range Expansion | 0.00% | |
Gapped Up | Strength | 0.00% | |
Fell Below 20 DMA | Bearish | 0.27% |
Alert | Time |
---|---|
20 DMA Support | about 19 hours ago |
1.5x Volume Pace | about 19 hours ago |
Rose Above 20 DMA | 2 days ago |
20 DMA Support | 2 days ago |
Fell Below Previous Day's Low | 2 days ago |
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Angel Oak High Yield Opportunities ETF Description
AOHY focuses on global junk bonds, aiming to optimize returns and manage risks by investing based on prevailing market conditions and perceived value. The fund primarily holds corporate and securitized debts, along with structured products and US government securities, capped at 20%. In addition, foreign debts can comprise 25% of the assets. The adviser analyses factors like collateral quality, credit support, structure, and market conditions to select structured products. Meanwhile, corporate bonds are chosen through fundamental research identifying issuers with potential credit profile improvements and attractive valuations, considering factors such as maturity, yield, ratings, and price appreciation potential. Positions are opportunistically entered, with investments spread across various factors while targeting undervalued assets. Holdings vary in maturity, aiming for a dollar-weighted average of 2-15 years. On February 20, 2024, AOHY converted into an actively managed ETF, starting with $74.1 million in net assets.
Classification
Keywords: Bond Structured Finance Debt Credit Securitization Management Cybernetics Us Government Structured Product
Top 10 Components
Symbol | Grade | Price % Change | Allocation | |
---|---|---|---|---|
USHY | A | 0.05 | 2.59 |
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 11.44 |
52 Week Low | 10.5469 |
Average Volume | 59,543 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 11.11 |
20-Day Moving Average | 11.19 |
10-Day Moving Average | 11.21 |
Average True Range | 0.05 |
RSI (14) | 57.08 |
ADX | 50.73 |
+DI | 22.36 |
-DI | 13.01 |
Chandelier Exit (Long, 3 ATRs) | 11.11 |
Chandelier Exit (Short, 3 ATRs) | 11.23 |
Upper Bollinger Bands | 11.26 |
Lower Bollinger Band | 11.11 |
Percent B (%b) | 0.59 |
BandWidth | 1.38 |
MACD Line | 0.03 |
MACD Signal Line | 0.04 |
MACD Histogram | -0.0066 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 11.25 | ||||
Resistance 3 (R3) | 11.25 | 11.23 | 11.24 | ||
Resistance 2 (R2) | 11.23 | 11.22 | 11.23 | 11.24 | |
Resistance 1 (R1) | 11.22 | 11.21 | 11.22 | 11.22 | 11.24 |
Pivot Point | 11.20 | 11.20 | 11.20 | 11.20 | 11.20 |
Support 1 (S1) | 11.18 | 11.18 | 11.19 | 11.18 | 11.16 |
Support 2 (S2) | 11.16 | 11.17 | 11.16 | 11.16 | |
Support 3 (S3) | 11.15 | 11.16 | 11.16 | ||
Support 4 (S4) | 11.15 |