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

QHY.TO•TSX
Financial Services
Asset Management - Bonds
$81.34
$0.09(0.11%)
Canadian Market is Open • 15:25

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: 49.55)
Trend Strength:Weak (ADX: 15.53)
Volatility:Low (ATR: 0.34)
Support/Resistance:$80.85 – $81.94 (Bollinger Bands)

Overall, Mackenzie US High Yield Bond Index ETF (CAD-Hedged) remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.55

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.17

Bullish
Oversold zone signals rebound potential.

Williams %R: -70.80

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.20

Neutral
Price change is minimal.

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.53

Weak
Weak trend, market trading sideways.

ATR (14): 0.34

Low
Low volatility, stable price action.

CCI (14): -92.62

Bearish
Bearish, momentum remains under pressure.

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$81.94
Middle Band (SMA 20)
$81.40
Lower Band
$80.85
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
$81.98
Middle Line (EMA 20)
$81.29
Lower Channel
$80.61
Squeeze Status
Squeeze On

Takeaway:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.53K
Money Flow Index47.52Neutral, balanced money flows with no clear signal.
Relative Vigor Index47.29Neutral to Bearish, sellers 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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mackenzie US High Yield Bond Index ETF (CAD-Hedged) shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ