Iboxx $ High Yield Corporate Bd (HYG) Chart Patterns, Support & Resistance & Technical Analysis
Auto-detected technical analysis for HYG · data as of Jun 30, 2026. The chart above is live; the read below updates daily.
$79.97last close · Jun 30, 2026
HYG bullish pennant pattern
HYG is currently forming a Bullish Pennant on the daily timeframe. Detected Jun 30, 2026.
A Bullish Pennant is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $81.50 (+2.4%). Across 13,034 backtested bullish pennants, the setup followed through 55.2% of the time, averaging +0.58R.
HYG's most recent completed Symmetrical Triangle resolved as a loss: it broke higher on Feb 19, 2025 near $79.75, then was stopped out at $78.87 on Mar 11, 2025 — a -1.24R move (1.1%) over 14 sessions. Across 32 backtested symmetrical triangles, this setup wins 34.4% of the time.
OutcomeLossResult-1.24REntry$79.75Exit$78.87
How bullish pennants have performed
Win rate
55.2%
Avg return
+0.58R
Backtested trades
13,034
Historical pattern statistics (1986-11-26 – 2026-06-08), not a prediction.
HYG support and resistance levels
On the weekly chart, price is resting in the open space between a floor below near $77.48 and a ceiling above near $84.36.
Price hasn't touched either edge recently, so there's no clear direction either way yet.
The next move usually shows itself when price reaches one of those edges — the clearest reads tend to begin right at one of these lines.
Nearest auto-detected support sits near $77.88, resistance near $84.16. These are chart/swing-derived levels, not formula pivots.
Resistance
$84.16
Support
$77.88$75.34$74.99
HYG recent daily prices
Date
Open
High
Low
Close
Jun 30, 2026
$80.00
$80.05
$79.92
$79.97
Jun 29, 2026
$79.95
$80.03
$79.85
$80.01
Jun 26, 2026
$79.82
$79.95
$79.81
$79.83
Jun 25, 2026
$79.92
$79.98
$79.82
$79.88
Jun 24, 2026
$79.94
$79.99
$79.84
$79.85
Jun 23, 2026
$79.83
$79.97
$79.82
$79.87
Jun 22, 2026
$79.94
$79.98
$79.87
$79.94
Jun 18, 2026
$80.03
$80.07
$79.92
$80.01
Jun 17, 2026
$79.99
$80.07
$79.71
$79.73
Jun 16, 2026
$80.03
$80.11
$79.96
$80.03
HYG frequently asked questions
What chart pattern is HYG forming right now?
As of Jun 30, 2026, TradingPal's detector identifies a Bullish Pennant on Iboxx $ High Yield Corporate Bd (HYG) on the daily chart, with a measured-move target of $81.50.
Is a Bullish Pennant bullish or bearish?
The Bullish Pennant detected on HYG is a bullish pattern, projecting a measured-move target of $81.50. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bullish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bullish Pennant family (13,034 trades over 516 symbols), it resolved in the expected direction 55.2% of the time with an average of +0.58R. These are historical statistics, not a prediction.
What are the support and resistance levels for HYG?
Based on auto-detected, swing-derived levels (as of Jun 30, 2026), HYG's nearest support is around $77.88 and nearest resistance around $84.16.
What is the price target if HYG's pattern breaks out?
The detected Bullish Pennant has a geometry-based measured-move target of $81.50 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was HYG's closing price on Jun 30, 2026?
Iboxx $ High Yield Corporate Bd (HYG) last closed at $79.97 on Jun 30, 2026. For the live quote, see the chart above or a real-time quote provider.
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.
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