| JNK latest price $106.3800 (10.81%) ($99.7500 - $108.8400) on Tue. Oct. 14, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 38 |
Latest Price | $106.3800(10.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.2% a day on average for past five trading days. |
Weekly Trend | JNK declines -9.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) SPY(61%) EWG(56%) IWM(55%) EWI(54%) QQQ(54%) |
Factors Impacting JNK price | JNK will decline at least -1.505% in a week (0% probabilities). TLT(-17%) SHY(-5%) TIP(10%) GLD(10%) USO(29%) |
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 | -1.505% (StdDev 3.01%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
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