| JNK latest price $103.1900 (-0.3%) ($102.9500 - $103.4100) on Thu. Jun. 18, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.58% (three month average) |
RSI | 58 |
Latest Price | $103.1900(-0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.4% a day on average for past five trading days. |
Weekly Trend | JNK advances 0.1% 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) HYG(99%) EMHY(76%) SPY(75%) PCY(74%) FIVG(72%) |
Factors Impacting JNK price | JNK will decline at least -0.79% in a week (0% probabilities). VIXM(-45%) UUP(-32%) TBT(-16%) VXX(-15%) UNG(3%) |
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 | -0.79% (StdDev 1.58%) |
Hourly BBV | -1.5 () |
Intraday Trend | 0.1% |
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