HYGW iShares High Yld Crp Bd Buywrt Stgy ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Cboe HYG BuyWrite Index that reflects a strategy of holding the iShares iBoxx $High Yield Corporate Bond ETF while writing (selling) one-month call options to generate income... Show more
HYGW in +0.40% Uptrend, rising for three consecutive days on June 20, 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 HYGW advanced for three days, in of 210 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 HYGW just turned positive on June 18, 2025. Looking at past instances where HYGW's MACD turned positive, the stock continued to rise in of 30 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 280 cases where HYGW 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 RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
HYGW broke above its upper Bollinger Band on June 24, 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 Trading
HYGW and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYGW has been closely correlated with JEPI. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYGW jumps, then JEPI could also see price increases.
| Ticker / NAME | Correlation To HYGW | 1D Price Change % | ||
|---|---|---|---|---|
| HYGW | 100% | +0.16% | ||
| JEPI - HYGW | 78% Closely correlated | +0.64% | ||
| DIVO - HYGW | 73% Closely correlated | +0.16% | ||
| QYLD - HYGW | 73% Closely correlated | +0.06% | ||
| JEPQ - HYGW | 72% Closely correlated | +0.32% | ||
| KNG - HYGW | 69% Closely correlated | +0.24% | ||
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