SHYD stock forecast, quote, news & analysis

SHYD in -0.31% downward trend, sliding for three consecutive days on January 08, 2025

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 SHYD declined for three days, in of 234 cases, the price declined further within the following month. The odds of a continued downward trend are .

Technical Analysis (Indicators)

Bearish Trend Analysis

SHYD moved below its 50-day moving average on January 08, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for SHYD crossed bearishly below the 50-day moving average on December 24, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 48 cases where SHYD'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 .

The Momentum Indicator moved above the 0 level on January 06, 2025. You may want to consider a long position or call options on SHYD as a result. In of 80 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 SHYD just turned positive on January 06, 2025. Looking at past instances where SHYD's MACD turned positive, the stock continued to rise in of 46 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 SHYD advanced for three days, in of 280 cases, the price rose further within the following month. The odds of a continued upward trend are .

SHYD may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.