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 HYB
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New America High Income Fund Inc (The) stock price ended at $7.27 on Wednesday, after losing 0%.
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 PDF

No changes to the price of New America High Income Fund Inc (The) stock on the last trading day (Wednesday, 27th Mar 2024). During the last trading day the stock fluctuated 0.691% from a day low at $7.24 to a day high of $7.29. The price has been going up and down for this period, and there has been a -0.27% loss for the last 2 weeks.

The stock 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 New America High Income Fund Inc (The) stock with a 90% probability to be traded between $7.27 and $7.60 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 stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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HYB Signals & Forecast

The New America High Income Fund Inc (The) stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock 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 $7.25 and $7.25. 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 Thursday, February 01, 2024, and so far it has fallen -1.36%. 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 stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 11, 2023.

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 stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 11, 2023.

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 stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Tuesday, March 19, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Tuesday, July 11, 2023.

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 stock in question.

Support, Risk & Stop-loss for New America High Income Fund Inc (The) stock

New America High Income Fund Inc (The) finds support from accumulated volume at $7.25 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock 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 stock During the last day, the stock moved $0.0500 between high and low, or 0.691%. For the last week the stock has had daily average volatility of 0.636%

Our recommended stop-loss: $6.95 (-4.43%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 38 days ago.)

Trading Expectations (HYB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect New America High Income Fund Inc (The) to open at $7.27, and during the day (based on 14 day Average True Range), to move between $7.22 and $7.32, which gives a possible trading interval of +/-$0.0521 (+/-0.72%) up or down from last closing price. If New America High Income Fund Inc (The) takes out the full calculated possible swing range there will be an estimated 1.43% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.28 (0.14%) than the support at $7.25 (0.28%), 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 New America High Income Fund Inc (The) stock A Buy?

New America High Income Fund Inc (The) 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.

Current score: -0.586 Hold/Accumulate Unchanged

Predicted Opening Price for New America High Income Fund Inc (The) of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$7.27 ( 0.0459%) $7.27

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

Trading levels for HYB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.32 0.642 %
R2 7.30 0.379 %
R1 7.29 0.217 %
Current price: 7.27
Support S1 7.25 -0.309 %
S2 7.24 -0.471 %
S3 7.22 -0.734 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 7.30 0.413 %
R2 7.29 0.275 %
R1 7.28 0.138 %
Current price 7.27
Support S1 7.25 -0.275%
S2 7.21 -0.83%
S3 7.13 -1.93%

HYB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 14, 2024 Mar 14, 2024 Mar 28, 2024 $0.0400 0.549%
2 Feb 01, 2024 Feb 14, 2024 Feb 29, 2024 $0.0400 0.550%
3 Dec 18, 2023 Dec 28, 2023 Jan 31, 2024 $0.0475 0.648%
4 Dec 01, 2023 Dec 14, 2023 Dec 29, 2023 $0.0400 0.568%
5 Nov 01, 2023 Nov 15, 2023 Nov 30, 2023 $0.0400 0.587%

FAQ

What is the symbol for New America High Income Fund Inc (The) Stock and on which exchange is it traded?
The symbol for New America High Income Fund Inc (The) is HYB and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell New America High Income Fund Inc (The) Stock?
New America High Income Fund Inc (The) 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.

How to buy New America High Income Fund Inc (The) Stock?
New America High Income Fund Inc (The) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy New America High Income Fund Inc (The) Stock.

What's the current price of New America High Income Fund Inc (The) Stock?
As of the end of day on the 2024-03-27, the price of an New America High Income Fund Inc (The) (HYB) share was $7.27.

What is the 52-week high and low for New America High Income Fund Inc (The) Stock?
The 52-week high for New America High Income Fund Inc (The) Stock is $7.41 and the 52-week low is $6.23.

What is the market capitalization of New America High Income Fund Inc (The) Stock?
As of the 2024-03-27, the market capitalization of New America High Income Fund Inc (The) is 169.934M.
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About New America High Income Fund Inc (The)

The New America High Income Fund Inc. is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc. The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e. junk bonds rated BB or lower by S&P or Ba or lower by Moody. It benchmarks the performance of its p... HYB Profile

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