| HYG latest price $75.6500 (0.6%) ($75.4100 - $75.7300) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.4% (three month average) |
RSI | 63 |
Latest Price | $75.6500(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.5% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.2% 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(98%) VCIT(87%) LQD(86%) EMHY(85%) VCSH(85%) |
Factors Impacting HYG price | HYG will decline at least -0.2% in a week (0% probabilities). TBT(-71%) VXX(-49%) VIXM(-45%) UUP(-38%) USO(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 | -0.2% (StdDev 0.4%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.2% |
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