| JNK latest price $105.0600 (0.17%) ($104.6700 - $105.1800) on Fri. Jul. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 71 |
Latest Price | $105.0600(0.17%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) HYG(99%) EMHY(75%) SPY(75%) PCY(74%) IVW(72%) |
Factors Impacting JNK price | JNK will decline at least -0.365% in a week (0% probabilities). VIXM(-42%) UUP(-32%) TBT(-19%) VXX(-13%) IGOV(-7%) |
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 | -0.365% (StdDev 0.73%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.2% |
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