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 +0.24% Uptrend, rising for three consecutive days on June 10, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where SHYG advanced for three days, in of 316 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Aroon Indicator entered an Uptrend today. In of 419 cases where SHYG 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 10-day RSI Indicator for SHYG moved out of overbought territory on June 13, 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 53 similar instances where the indicator moved out of overbought territory. In of the 53 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 Moving Average Convergence Divergence Histogram (MACD) for SHYG turned negative on June 06, 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 46 similar instances when the indicator turned negative. In of the 46 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 SHYG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
SHYG broke above its upper Bollinger Band on May 12, 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.
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General Information
Category HighYieldBond
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| ESN | 15.75 | -0.06 | -0.41% |
| Essential 40 Stock ETF | |||
| INQQ | 16.08 | -0.15 | -0.92% |
| INQQ The India Internet ETF | |||
| FDIS | 91.42 | -0.99 | -1.07% |
| Fidelity MSCI Consumer Discret ETF | |||
| CHW | 6.83 | -0.08 | -1.16% |
| Calamos Global Dynamic Income Fund | |||
| WTAI | 22.66 | -0.46 | -1.99% |
| WisdomTree Artfcl Intllgnc & Innvtn ETF | |||
SHYG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, SHYG has been closely correlated with SJNK. 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 SJNK could also see price increases.
| Ticker / NAME | Correlation To SHYG | 1D Price Change % | ||
|---|---|---|---|---|
| SHYG | 100% | -0.23% | ||
| SJNK - SHYG | 99% Closely correlated | -0.24% | ||
| JNK - SHYG | 99% Closely correlated | -0.31% | ||
| HYG - SHYG | 98% Closely correlated | -0.30% | ||
| BBHY - SHYG | 98% Closely correlated | -0.24% | ||
| HYLB - SHYG | 98% Closely correlated | -0.27% | ||
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