| JNK latest price $96.7500 (-1.35%) ($95.1900 - $99.1800) on Fri. Oct. 17, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 38 |
Latest Price | $96.7500(-1.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 2.1% a day on average for past five trading days. |
Weekly Trend | JNK declines -6.7% 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(55%) IWM(54%) EWI(53%) QQQ(53%) |
Factors Impacting JNK price | JNK will decline at least -1.55% in a week (0% probabilities). TLT(-17%) SHY(-4%) 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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
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