FLHY Franklin High Yield Corporate ETF Forecast, Technical & Fundamental Analysis
The investment seeks to earn a high level of current income; its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the fund's principal goal... Show more
FLHY in +0.54% Uptrend, growing for three consecutive days on June 04, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where FLHY advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for FLHY just turned positive on May 27, 2025. Looking at past instances where FLHY's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for FLHY crossed bullishly above the 50-day moving average on May 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 339 cases where FLHY Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for FLHY moved out of overbought territory on June 05, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 52 similar instances where the indicator moved out of overbought territory. In of the 52 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
FLHY broke above its upper Bollinger Band on May 28, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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General Information
Category HighYieldBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| CSURX | 24.69 | 0.01 | +0.04% |
| Cohen & Steers Global Infrastructure R | |||
| BDBKX | 23.18 | N/A | N/A |
| iShares Russell 2000 Small-Cap Idx K | |||
| ARZDX | 6.07 | N/A | N/A |
| AMG River Road Dividend All Cap Value Z | |||
| CMEUX | 20.97 | N/A | N/A |
| Six Circles Mgd Eq Port US Uncons | |||
| MMIJX | 22.52 | N/A | N/A |
| Victory Integrity Mid-Cap Value Member | |||
FLHY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLHY has been closely correlated with JNK. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLHY jumps, then JNK could also see price increases.
| Ticker / NAME | Correlation To FLHY | 1D Price Change % | ||
|---|---|---|---|---|
| FLHY | 100% | -0.33% | ||
| JNK - FLHY | 91% Closely correlated | -0.21% | ||
| SHYG - FLHY | 90% Closely correlated | -0.14% | ||
| USHY - FLHY | 90% Closely correlated | -0.24% | ||
| HYG - FLHY | 90% Closely correlated | -0.21% | ||
| SJNK - FLHY | 90% Closely correlated | -0.16% | ||
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