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Archive - 2/27/2026 - Sign In to see current Signals. |
SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the SPDR Bloomberg Barclays High Yield Bond ETF (JNK). During the week, the JNK gave back -0.37 points, or -0.38%, and closed at 97.25 on Friday, February 27, 2026. Weekly volume was -14% below average.
Long-term trend: [See JNK long-term trend chart] A long-term uptrend had started on October 13, 2022 at 86.28 and reached 98.24 on September 23, 2025. JNK gained -11.96 points, or -13.86%, in 153 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 92.31 and resistance is at 100.61. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See JNK medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 90.41 and reached 98.24 on September 23, 2025. JNK gained -7.83 points, or -8.66%, in 23 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend support (100.74) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.
Weekly Technical Indicators: [See JNK weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since January 30, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See JNK short-term trend chart] A short-term uptrend had started on February 5, 2026 at 96.96 and reached 97.68 on February 10, 2026. JNK gained -0.72 points, or -0.74%, in 5 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See JNK daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since January 28, 2026. The distance between MACD and the signal line is low, but getting bigger. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price touches the lower Bollinger Band. The distance between the Bollinger Bands is falling, and it was 0.7% on Friday. It is 62.31% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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