| LQD latest price $130.7000 (0%) ($130.5200 - $130.9800) on Fri. May. 22, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 59 |
Latest Price | $130.7000(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.3% a day on average for past five trading days. |
Weekly Trend | LQD advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(73%) HYG(66%) JNK(65%) VCIT(63%) EMHY(62%) |
Factors Impacting LQD price | LQD will decline at least -1.015% in a week (0% probabilities). TBT(-52%) UUP(-26%) VIXM(-23%) VXX(-9%) OIH(-0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0% |
| |
|
|