HYI Western Asset High Yield Defined Opportunity Fund Forecast, Technical & Fundamental Analysis
Western Asset High Yield Defined Opps... Show more
HYI in upward trend: price rose above 50-day moving average on May 09, 2025
HYI moved above its 50-day moving average on May 09, 2025 date and that indicates a change from a downward trend to an upward trend. In of 38 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HYI advanced for three days, in of 307 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 279 cases where HYI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Momentum Indicator moved below the 0 level on June 13, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HYI as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HYI turned negative on June 12, 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 54 similar instances when the indicator turned negative. In of the 54 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 HYI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
HYI broke above its upper Bollinger Band on May 29, 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.
Advertisement
General Information
Category Unknown
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| JAVAX | 14.24 | -0.16 | -1.11% |
| James Aggressive Allocation | |||
| MXGSX | 12.12 | -0.15 | -1.22% |
| Empower Large Cap Growth Instl | |||
| UANQX | 53.01 | -0.68 | -1.27% |
| Victory Nasdaq 100 Index Class A | |||
| GSTTX | 13.54 | -0.18 | -1.31% |
| Goldman Sachs Strategic Growth Inv | |||
| BAFGX | 17.86 | -0.29 | -1.60% |
| Brown Advisory Growth Equity Inst | |||
HYI and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, HYI has been loosely correlated with SPHY. These tickers have moved in lockstep 50% of the time. This A.I.-generated data suggests there is some statistical probability that if HYI jumps, then SPHY could also see price increases.
| Ticker / NAME | Correlation To HYI | 1D Price Change % | ||
|---|---|---|---|---|
| HYI | 100% | -0.25% | ||
| SPHY - HYI | 50% Loosely correlated | -0.26% | ||
| USHY - HYI | 50% Loosely correlated | -0.27% | ||
| SHYG - HYI | 50% Loosely correlated | -0.23% | ||
| JNK - HYI | 49% Loosely correlated | -0.31% | ||
| HYG - HYI | 49% Loosely correlated | -0.30% |