| LQD latest price $131.8300 (4.7%) ($129.1000 - $132.0000) on Thu. Apr. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 90 |
Latest Price | $131.8300(4.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 1.6% a day on average for past five trading days. |
Weekly Trend | LQD advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(72%) HYG(68%) JNK(67%) VCIT(66%) EMHY(61%) |
Factors Impacting LQD price | LQD will decline at least -1.005% in a week (0% probabilities). TBT(-48%) UUP(-26%) VIXM(-23%) VXX(-9%) USO(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.8% |
| |
|
|