FLHY Franklin High Yield Corporate ETF Forecast, Technical & Fundamental Analysis
The investment seeks to earn a high level of current income; its secondary goal is to seek capital appreciation to the extent it is possible and consistent with the fund's principal goal... Show more
FLHY's Stochastic Oscillator is remaining in overbought zone for 8 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FLHY moved out of overbought territory on August 14, 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 56 similar instances where the indicator moved out of overbought territory. In of the 56 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Moving Average Convergence Divergence Histogram (MACD) for FLHY turned negative on August 15, 2025. 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FLHY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FLHY broke above its upper Bollinger Band on August 13, 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 Momentum Indicator moved above the 0 level on July 21, 2025. You may want to consider a long position or call options on FLHY as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. 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 FLHY advanced for three days, in of 316 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 361 cases where FLHY 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 | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| RGFTX | 10.46 | 0.03 | +0.29% |
| Russell Inv Global Infrastructure M | |||
| RGBGX | 40.50 | N/A | N/A |
| American Funds Global Balanced R6 | |||
| JVTSX | 78.54 | -0.06 | -0.08% |
| Janus Henderson Venture S | |||
| IRMTX | 10.09 | -0.03 | -0.30% |
| Voya Russell Mid Cap Index Port S2 | |||
| JVSAX | 15.85 | -0.16 | -1.00% |
| Janus Henderson Small-Mid Cap Value A | |||
FLHY and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, FLHY has been closely correlated with SHYG. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLHY jumps, then SHYG could also see price increases.
| Ticker / NAME | Correlation To FLHY | 1D Price Change % | ||
|---|---|---|---|---|
| FLHY | 100% | +0.02% | ||
| SHYG - FLHY | 91% Closely correlated | N/A | ||
| USHY - FLHY | 91% Closely correlated | +0.03% | ||
| SPHY - FLHY | 91% Closely correlated | -0.04% | ||
| HYG - FLHY | 90% Closely correlated | +0.07% | ||
| JNK - FLHY | 90% Closely correlated | +0.03% | ||
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