WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF Forecast
Stronger technical forecast for WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF price after Friday trading.
(Updated on Apr 26, 2024)
The WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF price gained 0.372% on the last trading day (Friday, 26th Apr 2024), rising from $21.91 to $21.99. During the last trading day the ETF fluctuated 0.387% from a day low at $21.94 to a day high of $22.02. The price has been going up and down for this period, and there has been a 0.28% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 thousand more shares were traded than the day before. In total, 74 thousand shares were bought and sold for approximately $1.64 million.
The ETF is moving within a narrow and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF with a 90% probability to be traded between $22.03 and $22.49 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.
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HYZD Signals & Forecast
Mostly positive signals in the chart today. The WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the ETF has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $21.92 and $21.96. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, April 17, 2024, and so far it has risen 0.97%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. The ETF had a Golden Star Signal on Friday, April 19, 2024 in the short-term chart.
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.
Golden Star
The ETF had a Golden Star Signal on Friday, April 19, 2024 in the short-term chart.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 WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF
WISDOMTREE INTR RATE HEDGED HIGH YIELD finds support from accumulated volume at $21.94 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 with good liquidity the risk is considered very low in this stock. During the last day, the ETF moved $0.0848 between high and low, or 0.387%. For the last week the ETF has had daily average volatility of 0.631%.
Our recommended stop-loss: $20.72 (-5.77%) (This ETF has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 7 days ago.)
Trading Expectations (HYZD) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A to open at $21.98, and during the day (based on 14 day Average True Range), to move between $21.85 and $22.13, which gives a possible trading interval of +/-$0.143 (+/-0.65%) up or down from last closing price. If WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A takes out the full calculated possible swing range there will be an estimated 1.30% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $22.00 (0.05%) than the support at $21.94 (0.23%), 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 WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A ETF A Buy?
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF to perform well in the short-term period. We have upgraded our analysis conclusion for this ETF since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.262 Buy Candidate Upgraded
Predicted Opening Price for WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
$21.98 ( 0.0376%) | $21.99 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for HYZD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 22.07 | 0.348 % | |
R2 | 22.03 | 0.201 % | ||
R1 | 22.01 | 0.110 % | ||
Current price: | 21.99 | |||
Support | S1 | 21.95 | -0.185 % | |
S2 | 21.93 | -0.276 % | ||
S3 | 21.90 | -0.423 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 22.17 | 0.82 % | |
R2 | 22.03 | 0.182 % | ||
R1 | 22.00 | 0.0468 % | ||
Current price | 21.99 | |||
Support | S1 | 21.94 | -0.235% | |
S2 | 21.82 | -0.773% | ||
S3 | 21.78 | -0.96% |
HYZD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 24, 2024 | Apr 24, 2024 | Apr 29, 2024 | $0.110 | 0.500% |
2 | Mar 21, 2024 | Mar 22, 2024 | Mar 27, 2024 | $0.110 | 0.499% |
3 | Feb 22, 2024 | Feb 23, 2024 | Feb 28, 2024 | $0.105 | 0.481% |
4 | Jan 24, 2024 | Jan 25, 2024 | Jan 30, 2024 | $0.100 | 0.459% |
5 | Dec 21, 2023 | Dec 22, 2023 | Dec 28, 2023 | $0.147 | 0.680% |
FAQ
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