| HYG latest price $77.0700 (-0.8%) ($76.9800 - $77.7100) on Tue. Mar. 31, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 42 |
Latest Price | $77.0700(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 1.5% a day on average for past five trading days. |
Weekly Trend | HYG declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(76%) SPY(75%) IWD(73%) IVE(72%) |
Factors Impacting HYG price | HYG will decline at least -0.83% in a week (0% probabilities). VIXM(-42%) UUP(-34%) VXX(-16%) TBT(-8%) UNG(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.83% (StdDev 1.66%) |
Hourly BBV | 0 () |
Intraday Trend | -0.4% |
| |
|
|