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Mackenzie US High Yield Bond Index ETF (CAD-Hedged)

QHY.TO•TSX
Financial Services
Asset Management - Bonds
$80.39
$-0.12(-0.15%)
Canadian Market opens in 55h 35m

Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (QHY.TO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mackenzie US High Yield Bond Index ETF (CAD-Hedged) (TSX:QHY.TO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

QHY.TO Technical Analysis Summary

Mackenzie US High Yield Bond Index ETF (CAD-Hedged) stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.57)
Trend Strength:Strong (ADX: 30.60)
Volatility:Low (ATR: 0.48)
Support/Resistance:$79.52 – $82.03 (Bollinger Bands)

Technical conditions suggest Mackenzie US High Yield Bond Index ETF (CAD-Hedged) is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.57

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.63

Bearish
Momentum remains weak below midpoint.

Williams %R: -45.60

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.67

Neutral
Price change is minimal.

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.50

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.60

Strong
Strong trend, momentum well established.

ATR (14): 0.48

Low
Low volatility, stable price action.

CCI (14): -3.58

Neutral
Neutral, no strong directional signal.

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$82.03
Middle Band (SMA 20)
$80.78
Lower Band
$79.52
Current Position
Within Bands

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$81.70
Middle Line (EMA 20)
$80.74
Lower Channel
$79.78
Squeeze Status
No Squeeze

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.61K
Money Flow Index47.02Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:QHY.TO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Mackenzie US High Yield Bond Index ETF (CAD-Hedged), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Mackenzie US High Yield Bond Index ETF (CAD-Hedged) are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ