| HYG latest price $82.4200 (0.4%) ($81.8800 - $82.6200) on Fri. May. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 74 |
Latest Price | $82.4200(0.4%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.3% a day on average for past five trading days. |
Weekly Trend | HYG advances 1.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(77%) SPY(76%) PCY(74%) FIVG(73%) |
Factors Impacting HYG price | HYG will decline at least -1.025% in a week (0% probabilities). VIXM(-46%) UUP(-33%) VXX(-16%) TBT(-16%) UNG(2%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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