| HYG latest price $83.6700 (-0.31%) ($83.5200 - $83.9800) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 96 |
Latest Price | $83.6700(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.4% a day on average for past five trading days. |
Weekly Trend | HYG advances 2.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(77%) SPY(76%) PCY(74%) FIVG(73%) |
Factors Impacting HYG price | HYG will decline at least -1.015% in a week (0% probabilities). VIXM(-46%) UUP(-33%) VXX(-16%) TBT(-16%) 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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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