|
|
Archive - 11/28/2025 - Sign In to see current Signals. |
SPDR Bloomberg Barclays High Yield Bond ETF (JNK) Technical Analysis
|
 |
| Summary:
| | | Weekly : | | Daily :      Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the SPDR Bloomberg Barclays High Yield Bond ETF (JNK). During the week, the JNK climbed 0.89 points, or 0.92%, and closed at 97.65 on Friday, November 28, 2025. Weekly volume was 29% above 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 91.85 and resistance is at 100.15. 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 Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 96.37 and resistance is at 98.50. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern 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 October 17, 2025. The distance between MACD and the signal line is low and getting smaller. 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 November 18, 2025 at 96.32 and reached 97.74 on November 28, 2025. JNK gained -1.42 points, or -1.47%, in 10 days. The price is now at the 6.34% retracement level.
Daily Technical Indicators: [See JNK daily technical indicators chart] Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price touches the upper Bollinger Band. 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 price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
Candlestick pattern: [See JNK candlestick chart pattern] On Friday the chart has formed a Bullish Doji Candlestick pattern. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Candlestick pattern during the last week.
| |
|
|