| HYG latest price $78.4400 (0.27%) ($78.1100 - $78.4500) on Thu. Aug. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 71 |
Latest Price | $78.4400(0.27%) |
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 1.5% 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(82%) PCY(79%) SPY(79%) IVE(78%) |
Factors Impacting HYG price | HYG will decline at least -0.46% in a week (0% probabilities). UUP(-31%) VIXM(-24%) TBT(-22%) VXX(-4%) EDOC(5%) |
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 | -0.46% (StdDev 0.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.1% |
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