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GHY Stock Tickeron detected bearish ETF Pattern: Broadening Wedge Ascending GHY on July 16, 2025, netting in a 2.61% gain over 1 week

A.I.dvisor
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+2.61% Gain from a Successful pattern Broadening Wedge Ascending
GHY - PGIM Global High Yield Fund
Tickeron
Ticker: GHY
Company: PGIM Global High Yield Fund
Gain from shorting: +2.61%
Confirmed: 07/16/25
Succeeded: 07/16/25
Total length: 9 days
On July 07, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for PGIM Global High Yield Fund (GHY, $13.60). 9 days later, on July 16, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On July 16, 2025, the stock hit the target price of $13.13 – resulting in a gain for traders who shorted the stock on the pattern detection date.

GHY in -0.42% downward trend, falling for three consecutive days on August 15, 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 GHY declined for three days, in of 257 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where GHY's RSI Indicator exited the oversold zone, of 28 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 July 31, 2025. You may want to consider a long position or call options on GHY as a result. In of 75 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 GHY just turned positive on August 05, 2025. Looking at past instances where GHY's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .

GHY moved above its 50-day moving average on August 04, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for GHY crossed bullishly above the 50-day moving average on August 11, 2025. 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 GHY advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .

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

The Aroon Indicator entered an Uptrend today. In of 360 cases where GHY 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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GHY
Daily Signalchanged days ago
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published price charts
These past five trading days, the ETF lost 0.00% with an average daily volume of 0 shares traded.The ETF tracked a drawdown of 0% for this period.
A.I. Advisor
published General Information

General Information

Category Unknown

Profile
Fundamentals
Details
Category
High Yield Bond
Address
Gateway Center Three, 100 Mulberry StreetNewark
Phone
973-802-5032
Web
www.prudentialfunds.com