| LQD latest price $136.1100 (1.5%) ($135.5600 - $136.2300) on Wed. Nov. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.39% (three month average) |
RSI | 52 |
Latest Price | $136.1100(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.2% a day on average for past five trading days. |
Weekly Trend | LQD declines -0.2% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(74%) HYG(67%) JNK(66%) EMHY(63%) SHY(63%) |
Factors Impacting LQD price | LQD will decline at least -0.195% in a week (0% probabilities). TBT(-53%) UUP(-26%) VIXM(-22%) VXX(-8%) OIH(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.195% (StdDev 0.39%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.4% |
| |
|
|