| LQD latest price $135.1600 (-0.76%) ($135.1400 - $136.3050) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.4% (three month average) |
RSI | 53 |
Latest Price | $135.1600(-0.76%) |
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 advances 0.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(74%) HYG(68%) JNK(67%) EMHY(63%) SHY(63%) |
Factors Impacting LQD price | LQD will decline at least -0.2% in a week (0% probabilities). TBT(-53%) UUP(-26%) VIXM(-22%) VXX(-8%) EDOC(-5%) |
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 | -0.2% (StdDev 0.4%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.8% |
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