HYD VanEck High Yield Muni ETF Forecast, Technical & Fundamental Analysis
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE High Yield Crossover Municipal Bond Index... Show more
HYD's Indicator enters downward trend
The Aroon Indicator for HYD entered a downward trend on June 03, 2025. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 223 similar instances where the Aroon Indicator formed such a pattern. In of the 223 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 47 cases where HYD's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HYD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 04, 2025. You may want to consider a long position or call options on HYD as a result. In of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for HYD just turned positive on May 28, 2025. Looking at past instances where HYD's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HYD advanced for three days, in of 385 cases, the price rose further within the following month. The odds of a continued upward trend are .
HYD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category HighYieldMuni
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| DODEX | 9.75 | 0.05 | +0.52% |
| Dodge & Cox Emerging Markets Stock | |||
| VINIX | 486.25 | N/A | N/A |
| Vanguard Institutional Index I | |||
| OTTRX | 13.94 | N/A | N/A |
| Otter Creek Long/Short Opportunity Instl | |||
| FITLX | 26.42 | N/A | N/A |
| Fidelity U.S. Sustainability Index | |||
| JDSNX | 21.04 | -0.12 | -0.57% |
| Janus Henderson Small Cap Value N | |||
HYD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYD has been closely correlated with HYMB. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYD jumps, then HYMB could also see price increases.
| Ticker / NAME | Correlation To HYD | 1D Price Change % | ||
|---|---|---|---|---|
| HYD | 100% | +0.30% | ||
| HYMB - HYD | 87% Closely correlated | +0.24% | ||
| FMHI - HYD | 83% Closely correlated | +0.37% | ||
| JMHI - HYD | 80% Closely correlated | +0.28% | ||
| FLMI - HYD | 72% Closely correlated | +0.12% | ||
| SHYD - HYD | 62% Loosely correlated | +0.40% | ||
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