HYLB Xtrackers USD High Yield Corp Bd ETF Forecast, Technical & Fundamental Analysis

HYLB in downward trend: price may drop because broke its higher Bollinger Band on July 21, 2022

HYLB broke above its upper Bollinger Band on July 21, 2022. 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. The A.I.dvisor looked at 37 similar instances where the stock broke above the upper band. In 20 of the 37 cases the stock fell afterwards. This puts the odds of success at 54%.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for HYLB moved out of overbought territory on August 05, 2022. 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 53 similar instances where the indicator moved out of overbought territory. In of the 53 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 20 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HYLB 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 July 12, 2022. You may want to consider a long position or call options on HYLB as a result. In of 68 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 HYLB just turned positive on July 01, 2022. Looking at past instances where HYLB's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .

HYLB moved above its 50-day moving average on July 19, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for HYLB crossed bullishly above the 50-day moving average on July 25, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 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 .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HYLB advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 325 cases where HYLB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)