| HYG latest price $73.0100 (-0.3%) ($72.9300 - $73.4600) on Thu. Oct. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.86% (three month average) |
RSI | 42 |
Latest Price | $73.0100(-0.3%) |
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 declines -0.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(82%) PCY(79%) SPY(77%) IVE(75%) |
Factors Impacting HYG price | HYG will decline at least -0.43% in a week (0% probabilities). UUP(-24%) TBT(-20%) VIXM(-14%) VXX(-4%) EDOC(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 | -0.43% (StdDev 0.86%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.2% |
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