EAT is up +49.38%% since April’24 pick View All Top Buy Picks

Xtrackers High Beta High Yield Bond ETF Forecast

$40.70
+0 (+0%)
At Close: Jun 25, 2024
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HYUP
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Xtrackers High Beta High Yield Bond ETF upgraded to Hold/Accumulate.
(Updated on Jun 25, 2024)

Hold candidate since Jun 25, 2024 PDF

No changes to the price of Xtrackers High Beta High Yield Bond ETF on the last trading day (Tuesday, 25th Jun 2024). During the last trading day the ETF fluctuated 0% from a day low at $40.70 to a day high of $40.70. The price has risen in 4 of the last 10 days and is up by 0.51% over the past 2 weeks.

The ETFis at the upper part of a narrow and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $40.73 will give a strong buy signal and a trend shift could be expected. Given the current horizontal trend, you can expect Xtrackers High Beta High Yield Bond ETF with a 90% probability to be traded between $39.72 and $40.61 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and ETFS seldom manage to go directly from the bottom of a trend up to the top. ETFS turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

HYUP Signals & Forecast

The Xtrackers High Beta High Yield Bond ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $40.63 and $40.57. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, May 22, 2024, and so far it has fallen -0.183%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. The ETF had a Golden Star Signal on Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 20, 2024.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Buy
Special Signal Notification

Golden Star

The ETF had a Golden Star Signal on Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 20, 2024.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.
Buy
Special Signal Notification

Golden Star 12 Months

The ETF had a Golden Star Signal on Wednesday, May 15, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Thursday, June 20, 2024.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the ETF in question.

Support, Risk & Stop-loss for Xtrackers High Beta High Yield Bond ETF

Xtrackers High Beta High Yield Bond finds support from accumulated volume at $40.68 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0.0656%

Our recommended stop-loss: $39.16 (-3.77%) (This ETF has low daily movements and this gives low risk. There is a sell signal from a pivot top found 23 days ago.)

Trading Expectations (HYUP) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Xtrackers High Beta High Yield Bond ETF to open at $40.70, and during the day (based on 14 day Average True Range), to move between $40.63 and $40.76, which gives a possible trading interval of +/-$0.0683 (+/-0.17%) up or down from last closing price. If Xtrackers High Beta High Yield Bond ETF takes out the full calculated possible swing range there will be an estimated 0.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $40.71 (0.04%) than the support at $40.68 (0.04%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Xtrackers High Beta High Yield Bond ETF ETF A Buy?

Xtrackers High Beta High Yield Bond holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.000 Hold/Accumulate Upgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Xtrackers High Beta High Yield Bond ETF of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
$40.70 ( 0%) $40.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HYUP

Fibonacci Support & Resistance Levels

Level Price
R3 40.70 -
R2 40.70 -
R1 40.70 -
Price 40.70
S1 40.70 -
S2 40.70 -
S3 40.70 -

Accumulated Volume Support & Resistance Levels

Level Price
R3 41.15 1.12%
R2 40.77 0.183%
R1 40.71 0.0361%
Price 40.70
S1 40.68 -0.0378%
S2 40.64 -0.136%
S3 40.53 -0.419%

HYUP Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 01, 2024 May 01, 2024 May 08, 2024 $0.262 0.645%
2 Feb 07, 2024 Apr 01, 2024 Apr 08, 2024 $0.270 0.664%
3 Feb 07, 2024 Mar 01, 2024 Mar 08, 2024 $0.250 0.609%
4 Jan 31, 2024 Feb 01, 2024 Feb 08, 2024 $0.263 0.648%
5 Dec 21, 2023 Dec 21, 2023 Dec 21, 2023 $0.257 0.628%

FAQ

What is the symbol for Xtrackers High Beta High Yield Bond ETF ETF and on which exchange is it traded?
The symbol for Xtrackers High Beta High Yield Bond ETF is HYUP and it is traded on the NYSEARCA (NYSE Arca).

Should I buy or sell Xtrackers High Beta High Yield Bond ETF ETF?
Xtrackers High Beta High Yield Bond holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Xtrackers High Beta High Yield Bond ETF ETF?
Xtrackers High Beta High Yield Bond ETF ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Xtrackers High Beta High Yield Bond ETF ETF.

What's the current price of Xtrackers High Beta High Yield Bond ETF ETF?
As of the end of day on the Jun 25, 2024, the price of an Xtrackers High Beta High Yield Bond ETF (HYUP) share was $40.70.

What is the 52-week high and low for Xtrackers High Beta High Yield Bond ETF ETF?
The 52-week high for Xtrackers High Beta High Yield Bond ETF ETF is $41.21 and the 52-week low is $37.99.

What is the market capitalization of Xtrackers High Beta High Yield Bond ETF ETF?
As of the Jun 25, 2024, the market capitalization of Xtrackers High Beta High Yield Bond ETF is 12.174M.
Click to get the best stock tips daily for free!

About Xtrackers High Beta High Yield Bond ETF

The fund will invest at least 80% of its total assets, (but typically far more) in component securities of the underlying index. The underlying index is designed to track the performance of the segment of the U.S. dollar denominated high yield corporate bond market that exhibits higher overall beta to the broader high yield corporate fixed income market.... HYUP Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT