| HYG latest price $85.7000 (0.23%) ($85.4200 - $85.7200) on Wed. Jun. 5, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.3% (three month average) |
RSI | 50 |
Latest Price | $85.7000(0.23%) |
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 declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) SPY(79%) IWD(78%) IVE(77%) DIA(76%) |
Factors Impacting HYG price | HYG will decline at least -0.15% in a week (0% probabilities). VXX(-22%) UUP(-20%) IFRA(-8%) TLT(-4%) IGOV(-4%) |
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 | -0.15% (StdDev 0.3%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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