| HYG latest price $74.6900 (-0.11%) ($73.9200 - $74.9150) on Wed. Jul. 13, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.89% (three month average) |
RSI | 57 |
Latest Price | $74.6900(-0.11%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(80%) PCY(78%) IVE(77%) |
Factors Impacting HYG price | HYG will decline at least -0.445% in a week (0% probabilities). UUP(-31%) VIXM(-25%) TBT(-21%) VXX(-4%) EDOC(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.445% (StdDev 0.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|