iShares 0-5 Year High Yield Corporate Bond ETF (SHYG)

iShares 0-5 Year High Yield Corporate Bond ETF is trading at $42.25, up 0.17% on the session. The 50 day average sits at $42.23 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 50.1, which reads as neutral, and MACD is bullish crossover. Volume is average.

The nearest support is around $42.15 with resistance near $42.29, so that band frames the current range. Average daily movement is roughly $0.09, or about 0.2% of the share price, which is what any stop placement has to allow for. The overall health score of 59 out of 100 combines a trend score of 32, momentum of 66 and a risk score of 92.

The index is designed to reflect the performance of U.S. dollar-denominated high yield corporate debt. 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 BFA believes will help the fund track the underlying index.