SHYG iShares 0-5 Year High Yield Corp Bd ETF Forecast, Technical & Fundamental Analysis
The investment seeks to track the investment results of the Markit iBoxx® USD Liquid High Yield 0-5 Index composed of U... Show more
SHYG in -0.09% downward trend, falling for three consecutive days on August 19, 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 SHYG declined for three days, in of 228 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 SHYG moved out of overbought territory on August 25, 2025. 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 55 similar instances where the indicator moved out of overbought territory. In of the 55 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
SHYG broke above its upper Bollinger Band on August 26, 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.
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for SHYG just turned positive on August 26, 2025. Looking at past instances where SHYG's MACD turned positive, the stock continued to rise in of 47 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 SHYG advanced for three days, in of 318 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 432 cases where SHYG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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General Information
Category HighYieldBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| RIET | 9.72 | 0.03 | +0.29% |
| Hoya Capital High Dividend Yield ETF | |||
| DVSPF | 4.79 | 0.01 | +0.17% |
| Dividend 15 Split Corp. | |||
| SDCP | 25.78 | N/A | N/A |
| Virtus Newfleet Short Dur Cor Pls Bd ETF | |||
| NCV | 14.62 | -0.03 | -0.20% |
| Virtus Convertible & Income Fund | |||
| XOP | 129.54 | -0.42 | -0.32% |
| SPDR® S&P Oil & Gas Explor & Prodtn ETF | |||
SHYG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHYG has been closely correlated with USHY. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHYG jumps, then USHY could also see price increases.
| Ticker / NAME | Correlation To SHYG | 1D Price Change % | ||
|---|---|---|---|---|
| SHYG | 100% | +0.26% | ||
| USHY - SHYG | 99% Closely correlated | +0.23% | ||
| HYG - SHYG | 98% Closely correlated | +0.22% | ||
| SJNK - SHYG | 98% Closely correlated | +0.27% | ||
| HYDB - SHYG | 98% Closely correlated | +0.32% | ||
| SPHY - SHYG | 98% Closely correlated | +0.21% | ||
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