| HYG latest price $74.8900 (0.08%) ($74.3600 - $74.9600) on Fri. Jul. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 61 |
Latest Price | $74.8900(0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.4% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.1% 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(81%) SPY(79%) PCY(78%) IVE(77%) |
Factors Impacting HYG price | HYG will decline at least -0.45% in a week (0% probabilities). UUP(-31%) VIXM(-25%) TBT(-21%) VXX(-4%) UNG(8%) |
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 | -0.45% (StdDev 0.9%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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