| HYG latest price $83.9000 (-0.78%) ($83.5800 - $84.1500) on Tue. Jun. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 86 |
Latest Price | $83.9000(-0.78%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.1% a day on average for past five trading days. |
Weekly Trend | HYG advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off 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 -0.975% 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 | -0.975% (StdDev 1.95%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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