| LQD latest price $113.4900 (1.31%) ($112.4100 - $113.6050) on Tue. May. 24, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 47 |
Latest Price | $113.4900(1.31%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(81%) HYG(73%) EMHY(72%) JNK(72%) SHY(66%) |
Factors Impacting LQD price | LQD will decline at least -0.385% in a week (0% probabilities). TBT(-36%) UUP(-27%) VIXM(-25%) VXX(-7%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.385% (StdDev 0.77%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.9% |
| |
|
|