| HYG latest price $75.6600 (1.5%) ($74.3900 - $75.6900) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 75 |
Latest Price | $75.6600(1.5%) |
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 0.7% 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(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(-0%) |
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 | 2.9 () |
Intraday Trend | 1.5% |
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