| HYG latest price $75.5000 (0.24%) ($75.3800 - $75.6000) on Mon. Jul. 31, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.41% (three month average) |
RSI | 61 |
Latest Price | $75.5000(0.24%) |
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. |
Weekly Trend | HYG advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal 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(86%) LQD(85%) EMHY(84%) VCSH(84%) |
Factors Impacting HYG price | HYG will decline at least -0.205% in a week (0% probabilities). TBT(-71%) VXX(-49%) VIXM(-45%) UUP(-36%) EDOC(-18%) |
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 | -0.205% (StdDev 0.41%) |
Hourly BBV | 1 () |
Intraday Trend | 0.1% |
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