| HYG latest price $75.1600 (0.56%) ($74.6600 - $75.2950) on Wed. Nov. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 70 |
Latest Price | $75.1600(0.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.2% a day on average for past five trading days. |
Weekly Trend | HYG advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(80%) PCY(75%) LQD(72%) SPY(72%) |
Factors Impacting HYG price | HYG will decline at least -0.46% in a week (0% probabilities). TBT(-9%) VIXM(-7%) UUP(-6%) VXX(-2%) BND(1%) |
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 | -0.46% (StdDev 0.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.6% |
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