| HYG latest price $84.7100 (0.15%) ($84.4100 - $84.7700) on Tue. Aug. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.59% (three month average) |
RSI | 44 |
Latest Price | $84.7100(0.15%) |
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 declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(76%) SPY(75%) PCY(74%) IVW(73%) |
Factors Impacting HYG price | HYG will decline at least -0.295% in a week (0% probabilities). VIXM(-43%) UUP(-33%) TBT(-20%) VXX(-14%) EDOC(-6%) |
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 | -0.295% (StdDev 0.59%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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