| JNK latest price $86.2800 (-0.31%) ($85.8300 - $87.4200) on Thu. Mar. 19, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 51 |
Latest Price | $86.2800(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.6% a day on average for past five trading days. |
Weekly Trend | JNK advances 2.7% 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(71%) IWM(67%) EWG(65%) EEM(64%) QQQ(64%) |
Factors Impacting JNK price | JNK will decline at least -1.15% in a week (0% probabilities). TLT(-18%) SHY(-2%) TIP(7%) IGOV(9%) GLD(9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|