| HYG latest price $75.3600 (0.43%) ($75.0600 - $75.4800) on Fri. Apr. 28, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.58% (three month average) |
RSI | 60 |
Latest Price | $75.3600(0.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.1% a day on average for past five trading days. |
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(98%) EMHY(80%) LQD(79%) VCIT(79%) PCY(77%) |
Factors Impacting HYG price | HYG will decline at least -0.29% in a week (0% probabilities). TBT(-64%) VXX(-49%) VIXM(-45%) UUP(-37%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.29% (StdDev 0.58%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
| |
|
|