| JNK latest price $105.5100 (0.1%) ($105.2900 - $105.5600) on Fri. Oct. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.37% (three month average) |
RSI | 60 |
Latest Price | $105.5100(0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.1% 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. Broad based rally 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%) IVW(72%) |
Factors Impacting JNK price | JNK will decline at least -0.185% in a week (0% probabilities). VIXM(-42%) UUP(-31%) TBT(-20%) VXX(-13%) EDOC(-9%) |
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 | -0.185% (StdDev 0.37%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0% |
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