| JNK latest price $92.0100 (-0.98%) ($91.9420 - $93.2000) on Mon. Jul. 18, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.91% (three month average) |
RSI | 48 |
Latest Price | $92.0100(-0.98%) |
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 0.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) HYG(99%) EMHY(80%) PCY(78%) SPY(78%) IVE(77%) |
Factors Impacting JNK price | JNK will decline at least -0.455% in a week (0% probabilities). UUP(-29%) VIXM(-25%) TBT(-21%) VXX(-4%) EDOC(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.455% (StdDev 0.91%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|