| HYG latest price $86.3000 (0.3%) ($86.2500 - $86.3800) on Wed. Oct. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.32% (three month average) |
RSI | 29 |
Latest Price | $86.3000(0.3%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.1% a day on average for past five trading days. |
Weekly Trend | HYG declines -0.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) SPY(79%) IWD(78%) EMHY(77%) IVE(77%) |
Factors Impacting HYG price | HYG will decline at least -0.16% in a week (0% probabilities). VIXM(-52%) VXX(-22%) UUP(-21%) IGOV(-4%) TLT(-3%) |
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 | -0.16% (StdDev 0.32%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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