| HYG latest price $82.3600 (6.55%) ($81.4900 - $84.0500) on Thu. Apr. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.97% (three month average) |
RSI | 76 |
Latest Price | $82.3600(6.55%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 1.9% a day on average for past five trading days. |
Weekly Trend | HYG advances 3.1% a week on average for past two weeks. |
Market Behavior | Value stock 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 -0.985% 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 | -0.985% (StdDev 1.97%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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