| HYG latest price $74.0400 (0.09%) ($73.7100 - $74.7900) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.65% (three month average) |
RSI | 50 |
Latest Price | $74.0400(0.09%) |
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 declines -0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(78%) PCY(72%) LQD(71%) VT(70%) |
Factors Impacting HYG price | HYG will decline at least -0.325% in a week (0% probabilities). TBT(-51%) VXX(-49%) VIXM(-46%) UUP(-31%) BNDX(-2%) |
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 | -0.325% (StdDev 0.65%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.1% |
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