WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF Forecast

WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF price down 0.378% on Monday
(Updated on Apr 15, 2024)

HYZD Signals & Forecast

There are few to no technical positive signals at the moment. The WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $21.96 and $21.95. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 21, 2024, and so far it has fallen -1.47%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). WISDOMTREE INTR RATE HEDGED HIGH YIELD gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for WISDOMTREE INTR RATE HEDGED HIGH YIELD ETF

WISDOMTREE INTR RATE HEDGED HIGH YIELD finds support from accumulated volume at $21.82 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 $0.144 between high and low, or 0.658%. For the last week the ETF has had daily average volatility of 0.466%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HYZD) For The Upcoming Trading Day Of Tuesday 16th

For the upcoming trading day on Tuesday, 16th we expect WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A to open at $21.88, and during the day (based on 14 day Average True Range), to move between $21.70 and $21.99, which gives a possible trading interval of +/-$0.146 (+/-0.67%) 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 1.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $21.82 (0.11%) than the resistance at $21.94 (0.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A ETF A Buy?

WISDOMTREE INTR RATE HEDGED HIGH YIELD holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -2.067 Sell Candidate Unchanged

Predicted Opening Price for WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND N/A of Tuesday, April 16, 2024

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