| HYG latest price $77.3000 (2.6%) ($75.6900 - $77.6300) on Wed. Apr. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.78% (three month average) |
RSI | 65 |
Latest Price | $77.3000(2.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.7% a day on average for past five trading days. |
Weekly Trend | HYG advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(75%) SPY(74%) PCY(72%) IVE(70%) |
Factors Impacting HYG price | HYG will decline at least -0.89% in a week (0% probabilities). VIXM(-46%) UUP(-32%) VXX(-16%) TBT(-10%) UNG(2%) |
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 | -0.89% (StdDev 1.78%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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