| HYG latest price $80.2700 (1.76%) ($79.2700 - $80.3600) on Wed. Apr. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.02% (three month average) |
RSI | 62 |
Latest Price | $80.2700(1.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.3% a day on average for past five trading days. |
Weekly Trend | HYG declines -1% 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(76%) SPY(76%) PCY(74%) FIVG(73%) |
Factors Impacting HYG price | HYG will decline at least -1.01% in a week (0% probabilities). VIXM(-48%) UUP(-33%) VXX(-17%) TBT(-13%) UNG(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 | -1.01% (StdDev 2.02%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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