HYG chart analysis today
HYG broke down from a bear flag this bar on twice normal volume under a weekly downtrend. Above $79.50 the break has failed.
iShares iBoxx $ High Yield · daily · last close $79.10 · read computed from candles through 2026-09-01. No AI, no signal, no target.
The two prices that decide it
- Above
- $79.50 · the breakout
- Below
- $78.80 · the measured move
- Formation state
- Broke below $79.50 this bar on twice normal volume. No retest yet.
- Trend
- lower highs and lower lows over the window, 6 steps across 77 bars — and that run is OVER: price closed above the last lower high 17 bars ago. Do not describe it as a trend that is still running.
- Agreement
- Structure 3 of 4 (high) · indicators 3 of 3 (high)
Levels and what happened there
- Resistance $79.14
- Resistance $80.43
- The last nine times price reached $79.14 it held 8 times, bouncing 1.2% on average, and broke through once.
- The last six times price reached $80.43 it held every time, bouncing 0.9% on average.
- Bigger picture Weekly down, daily downtrend broken. weekly — downtrend intact, nearest support $78.61, bear pennant at $79.25.
- 52 weeks At its 52-week low of $78.57, 2.8% below the 52-week high of $81.36.
Read your own HYG chart, on any timeframe
This page is the daily read as of 2026-09-01, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze HYG now →Every figure on this page was computed from real candle data through 2026-09-01 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.