| HYG latest price $75.6800 (-0.56%) ($75.2150 - $76.2100) on Wed. Dec. 14, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 54 |
Latest Price | $75.6800(-0.56%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.2% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(81%) PCY(76%) LQD(72%) IVE(70%) |
Factors Impacting HYG price | HYG will decline at least -0.435% in a week (0% probabilities). TBT(-8%) VIXM(-4%) BND(-3%) XLP(-2%) UUP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.4% |
| |
|
|