HYI Western Asset High Yield Defined Opportunity Fund, Inc.
Asset Management NYSE
Trading Signals (HYI)
Overall Signal
SELL
Strong sellish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $11.6
- Medium Support $11.69
- Weak Support $11.77
Resistance Levels
- Weak Resistance $11.93
- Medium Resistance $12.01
- Strong Resistance $12.1
Stop Loss Suggestions
- Conservative $11.97
- Moderate $11.97
- Aggressive $12.05
Signal Indicator
| Indicator | Signal | Strength | Timeframe |
|---|---|---|---|
| Moving Averages | NEUTRAL |
|
Short & Medium Term |
| Oscillators | SELL |
|
Short Term |
| Trend Indicators | NEUTRAL |
|
Medium Term |
| Volume Indicators | SELL |
|
Short & Medium Term |
| Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction Price Target Probabilities (HYI)
Quarterly Outlook :
2026-04-04
Bullish Scenario
from current 2.7%
Strong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
2026-04-04
Base Scenario
from current -0.34%
Price is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
2026-04-04
Bearish Scenario
from current -2.7%
Increased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
Annual Outlook
2026-04-04
Bullish Scenario
from current 5.4%
Long-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
2026-04-04
Base Scenario
from current -0.68%
Steady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
2026-04-04
Bearish Scenario
from current -5.4%
Long-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (11.10) indicates a weak or ranging trend. Market is likely in a consolidation or range-bound phase. RSI (54.98) is in bullish territory, indicating upward momentum. MACD line (0.10) is below Signal line (0.11) (bearish crossover), confirming downward momentum. Current Weekly ATR is 0.16, indicating the average weekly price range.
Technical Analysis (HYI)
Trend Identification
EMA
Exponential Moving Average
Current price (11.85) is between Short MA (11.95) and Long MA (nan), or near one of them. This suggests consolidation or mixed signals. Short MA is crossing Long MA. This is a critical point signaling a potential trend change. Monitor closely. MAs (11.95, nan, nan) show mixed alignment, suggesting market indecision or range-bound activity. Market is in a choppy or sideways phase. Wait for a clearer trend to emerge before taking directional trades.
MACD
Moving Average Convergence Divergence
MACD line is crossing the Signal line. This is a crucial point, signaling a potential trend change. Monitor closely. MACD and Signal lines are near the zero line, indicating weak momentum or market consolidation.
ADX
Average Directional Index
ADX (14.43) indicates a weak or non-existent trend (ranging market). +DI (17.09) is above -DI (16.09), suggesting a bullish directional bias. Avoid trend-following strategies. Consider range-bound or reversal strategies, or wait for a clearer trend to develop.
Momentum Measurement
RSI (2026-04-04)
Relative Strength Index
RSI (41.50) is in the bearish territory, but not yet oversold. This indicates downward momentum. Monitor for continuation or signs of strength.
OBV (2026-04-04)
On-Balance Volume
OBV (266327.00) is falling, indicating selling pressure and distribution. Price is falling and OBV is falling. This is bearish confirmation, indicating selling pressure supports the price decrease. Consider holding short positions or initiating new ones. Volume is supporting the trend.
Stochastic (2026-04-04)
Stochastic Oscillator
Stochastics (%K: 24.93, %D: 26.29) are in the neutral zone (between 20 and 80). No clear bullish or bearish crossover signal currently. The lines are close or moving sideways.
CCI (2026-04-04)
Commodity Channel Index
CCI (-79.25) is between -100 and 0. This indicates bearish momentum is present, but not yet extreme. A move below 0 from positive territory (bearish zero-line cross) can indicate a potential sell signal.
Volatility Measurement
ATR (2026-04-04)
Average True Range
Current ATR is 0.0700. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands (2026-04-04)
Volatility Bands
Current price (11.85) is within the Bollinger Bands (11.85 - 12.05). This suggests the price is trading within its typical volatility range. Price is below the Middle Band (11.95), indicating short-term bearish bias. Bollinger Bands are very narrow. This indicates low volatility and could precede a significant price move (a 'squeeze'). Prepare for a breakout. Trade breakouts with confirmation from volume or other momentum indicators.
Risk Management & Potential Reversals (HYI)
SAR (2026-04-04)
Parabolic Stop and Reverse
SAR points above price indicate bearish trend. Current SAR at 11.97 is 1.01% from price. Consider SAR as a potential take-profit level or to confirm a downtrend.
Stochastic (2026-04-04)
Approaching Oversold
Stochastic is approaching oversold territory (24.9). No reversal signal yet. Monitor for potential bullish crossover (K above D) or entry into oversold (20-) followed by reversal.
RSI (2026-04-04)
Reversal Perspective
Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Bollinger Bands (2026-04-04)
Reversal Perspective
Bollinger Bands are narrowing, indicating low volatility and a potential 'squeeze'. This often precedes a significant price move.Price is in the lower half of the bands, suggesting a bearish bias.
Holder List Top 20 (HYI)
| Holder Name | Holder Type | Shares | Pct. Held | Date Reported |
|---|---|---|---|---|
| SIT Investment Associates Inc | INSTITUTIONAL | 1470461 | 6.49% | 2025-03-31 |
| Huntleigh Advisors, Inc. | INSTITUTIONAL | 986460 | 4.35% | 2025-03-31 |
| Punch & Associates Investment Management, Inc. | INSTITUTIONAL | 806469 | 3.56% | 2025-03-31 |
| Raymond James Financial, Inc. | INSTITUTIONAL | 651568 | 2.87% | 2025-03-31 |
| Guggenheim Capital, LLC | INSTITUTIONAL | 478654 | 2.11% | 2025-03-31 |
| Icon Advisers Inc/co | INSTITUTIONAL | 417617 | 1.84% | 2025-03-31 |
| SCM Trust-ICON FLEXIBLE BOND FUND | MUTUALFUND | 417617 | 1.84% | 2025-03-31 |
| Wells Fargo & Company | INSTITUTIONAL | 310003 | 1.37% | 2025-03-31 |
| Uncommon Cents Investing LLC | INSTITUTIONAL | 293450 | 1.29% | 2025-03-31 |
| Morgan Stanley | INSTITUTIONAL | 169432 | 0.75% | 2025-03-31 |
| Shaker Financial Services, LLC | INSTITUTIONAL | 154820 | 0.68% | 2025-03-31 |
| RIVERNORTH FUNDS-RiverNorth/DoubleLine Strategic Income Fund | MUTUALFUND | 98577 | 0.43% | 2025-03-31 |
| insidersPercentHeld | MAJOR | 0% | ||
| institutionsPercentHeld | MAJOR | 0% | ||
| institutionsFloatPercentHeld | MAJOR | 0% | ||
| institutionsCount | MAJOR | 0% |