| EMHY latest price $34.4700 (0.73%) ($34.3600 - $34.4800) on Mon. Jun. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.43% (three month average) |
RSI | 61 |
Latest Price | $34.4700(0.73%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EMHY advances 0.3% a day on average for past five trading days. |
Weekly Trend | EMHY advances 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support EMHY advance at 0% a week (0% probability) HYG(84%) PCY(84%) JNK(83%) LQD(79%) VCIT(78%) |
Factors Impacting EMHY price | EMHY will decline at least -0.215% in a week (0% probabilities). TBT(-67%) VIXM(-39%) VXX(-37%) UUP(-35%) BLOK(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.215% (StdDev 0.43%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
| |
|
|