| HYG latest price $74.7700 (-0.97%) ($74.6900 - $75.7200) on Mon. Jul. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.9% (three month average) |
RSI | 51 |
Latest Price | $74.7700(-0.97%) |
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 advances 0.6% a week on average for past two weeks. |
Market Behavior | Broad based 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(82%) SPY(80%) PCY(79%) IVE(78%) |
Factors Impacting HYG price | HYG will decline at least -0.45% in a week (0% probabilities). UUP(-32%) VIXM(-25%) TBT(-22%) VXX(-4%) EDOC(1%) |
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 | -0 () |
Intraday Trend | -1.2% |
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