| HYG latest price $78.2300 (0.88%) ($77.5700 - $78.2500) on Wed. Aug. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.93% (three month average) |
RSI | 74 |
Latest Price | $78.2300(0.88%) |
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 advances 1.7% 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(82%) PCY(79%) SPY(79%) IVE(78%) |
Factors Impacting HYG price | HYG will decline at least -0.465% in a week (0% probabilities). UUP(-31%) VIXM(-24%) TBT(-22%) VXX(-4%) EDOC(5%) |
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 | -0.465% (StdDev 0.93%) |
Hourly BBV | 2 () |
Intraday Trend | 0.6% |
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