Technical Analysis for SHYD - Market Vectors Short High-Yield Municipal Index ETF

Grade Last Price % Change Price Change
A 22.70 0.17% 0.04
SHYD closed up 0.17 percent on Tuesday, October 1, 2024, on 2.02 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Volume Surge Other 0.17%
Gapped Up Strength 0.17%
Overbought Stochastic Strength 0.17%
Volume Surge Other 0.21%
Three Weeks Tight Range Contraction 0.21%
Upper Bollinger Band Walk Strength 0.21%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 10 hours ago
Outside Day about 10 hours ago
10 DMA Support about 13 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 13 hours ago

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Profile

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Barclays Municipal High Yield Short Duration Index (the 'index'). The fund normally invests at least 80% of its total assets in securities that comprise the benchmark index. The index is composed of publicly traded municipal bonds that cover the U.S. dollar denominated high yield short-term tax-exempt bond market. It is non-diversified.
Classification

Keywords: Exchange Traded Fund ETF Bond Bond Market Fixed Income High Yield Debt Municipal Bond Inverse ETF Bear Market ETF Yield Fixed Income Analysis

Is SHYD a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.785
52 Week Low 20.8068
Average Volume 67,899
200-Day Moving Average 21.99
50-Day Moving Average 22.44
20-Day Moving Average 22.58
10-Day Moving Average 22.66
Average True Range 0.11
RSI (14) 65.75
ADX 47.82
+DI 20.42
-DI 4.29
Chandelier Exit (Long, 3 ATRs) 22.45
Chandelier Exit (Short, 3 ATRs) 22.68
Upper Bollinger Bands 22.77
Lower Bollinger Band 22.39
Percent B (%b) 0.81
BandWidth 1.71
MACD Line 0.08
MACD Signal Line 0.08
MACD Histogram 0.0056
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.87
Resistance 3 (R3) 22.88 22.83 22.84
Resistance 2 (R2) 22.83 22.79 22.83 22.83
Resistance 1 (R1) 22.77 22.76 22.80 22.76 22.82
Pivot Point 22.72 22.72 22.74 22.71 22.72
Support 1 (S1) 22.65 22.67 22.69 22.64 22.58
Support 2 (S2) 22.60 22.65 22.60 22.57
Support 3 (S3) 22.54 22.60 22.56
Support 4 (S4) 22.53