iShares iBoxx $ High Yield Corp (HYG)

iShares iBoxx $ High Yield Corp is trading at $79.54, down 0.09% on the session. The 50 day average sits at $79.66 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 54.2, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $79.51 with resistance near $79.84, so that band frames the current range. Average daily movement is roughly $0.20, or about 0.3% of the share price, which is what any stop placement has to allow for. The overall health score of 60 out of 100 combines a trend score of 32, momentum of 66 and a risk score of 96.

The underlying index is a rules-based index consisting of U.S. dollar-denominated, high yield corporate bonds for sale in the U.S. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index.