| JNK latest price $117.3600 (0.41%) ($117.0300 - $117.6900) on Mon. Jan. 23, 2012. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 75 |
Latest Price | $117.3600(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.3% a day on average for past five trading days. |
Weekly Trend | JNK advances 0.5% 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(74%) IWM(70%) PCY(66%) EWG(65%) QQQ(65%) |
Factors Impacting JNK price | JNK will decline at least -0.445% in a week (0% probabilities). TLT(-9%) IGOV(1%) SHY(2%) GLD(12%) TIP(15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.445% (StdDev 0.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.3% |
| |
|
|