| HYG latest price $85.5300 (0.04%) ($85.4100 - $85.6800) on Thu. Oct. 22, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.52% (three month average) |
RSI | 88 |
Latest Price | $85.5300(0.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.2% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) SPY(77%) IWD(76%) IVE(75%) VT(74%) |
Factors Impacting HYG price | HYG will decline at least -0.26% in a week (0% probabilities). VIXM(-22%) UUP(-17%) TLT(-6%) IGOV(-3%) GDXJ(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.26% (StdDev 0.52%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|