HYFI in -0.21% downward trend, sliding for three consecutive days on December 13, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where HYFI declined for three days, in of 72 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for HYFI moved out of overbought territory on December 05, 2024. 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 16 similar instances where the indicator moved out of overbought territory. In of the 16 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 17, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HYFI as a result. In of 28 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HYFI turned negative on December 12, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 11 similar instances when the indicator turned negative. In of the 11 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 16 cases where HYFI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that 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 HYFI advanced for three days, in of 101 cases, the price rose further within the following month. The odds of a continued upward trend are .
HYFI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 79 cases where HYFI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category HighYieldBond
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| FFTMX | 21.19 | -0.05 | -0.24% |
| Fidelity Advisor Asset Manager 50% M | |||
| DGYGX | 40.23 | -0.10 | -0.25% |
| BNY Mellon Appreciation Y | |||
| IMEGX | 19.73 | -0.12 | -0.60% |
| Delaware Ivy Systematic Em Mkts Eq R6 | |||
| SAOAX | 21.48 | -0.13 | -0.60% |
| NAA Opportunity Fund A | |||
| MASOX | 11.00 | -0.15 | -1.35% |
| MoA Small Cap Equity Index Fund | |||
HYFI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYFI has been closely correlated with HYG. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYFI jumps, then HYG could also see price increases.
| Ticker / NAME | Correlation To HYFI | 1D Price Change % | ||
|---|---|---|---|---|
| HYFI | 100% | -0.43% | ||
| HYG - HYFI | 86% Closely correlated | -0.21% | ||
| JNK - HYFI | 85% Closely correlated | -0.18% | ||
| SPHY - HYFI | 85% Closely correlated | -0.17% | ||
| SHYG - HYFI | 84% Closely correlated | -0.12% | ||
| SJNK - HYFI | 84% Closely correlated | -0.12% | ||
More | ||||