SHYD VanEck Short High Yield Muni ETF Forecast, Technical & Fundamental Analysis
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE 1-12 Year Broad High Yield Crossover Municipal Index... Show more
SHYD in upward trend: price rose above 50-day moving average on May 13, 2025
SHYD moved above its 50-day moving average on May 13, 2025 date and that indicates a change from a downward trend to an upward trend. In of 43 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
The Momentum Indicator moved above the 0 level on May 29, 2025. You may want to consider a long position or call options on SHYD as a result. In of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for SHYD crossed bullishly above the 50-day moving average on May 14, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 SHYD advanced for three days, in of 265 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 413 cases where SHYD 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 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for SHYD moved below the 200-day moving average on May 29, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHYD declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SHYD broke above its upper Bollinger Band on May 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.
Advertisement
General Information
Category HighYieldMuni
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| WEBAX | 10.09 | -0.09 | -0.88% |
| TETON Westwood Balanced AAA | |||
| MIMSX | 13.96 | -0.18 | -1.27% |
| BNY Mellon Mid Cap Multi-Strategy Inv | |||
| BMGAX | 36.65 | -0.55 | -1.48% |
| BlackRock Mid-Cap Growth Equity Inv A | |||
| GMSRX | 10.74 | -0.21 | -1.92% |
| Nationwide Small Cap Index R | |||
| PRISX | 44.22 | -0.90 | -1.99% |
| T. Rowe Price Financial Services | |||
SHYD and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHYD has been loosely correlated with HYD. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if SHYD jumps, then HYD could also see price increases.
| Ticker / NAME | Correlation To SHYD | 1D Price Change % | ||
|---|---|---|---|---|
| SHYD | 100% | -0.13% | ||
| HYD - SHYD | 59% Loosely correlated | -0.32% | ||
| HYMB - SHYD | 52% Loosely correlated | -0.28% | ||
| FMHI - SHYD | 47% Loosely correlated | -0.19% | ||
| FLMI - SHYD | 46% Loosely correlated | +0.04% | ||
| NVG - SHYD | 43% Loosely correlated | -0.60% | ||
More | ||||