| HYG latest price $86.8200 (-0.5%) ($86.6500 - $86.9100) on Mon. Oct. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.42% (three month average) |
RSI | 69 |
Latest Price | $86.8200(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.1% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) SPY(77%) IWD(76%) IVE(75%) EMHY(74%) |
Factors Impacting HYG price | HYG will decline at least -0.21% in a week (0% probabilities). UUP(-19%) VIXM(-16%) TLT(-4%) IPO(-4%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.21% (StdDev 0.42%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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