| HYG latest price $74.6200 (1.15%) ($73.9900 - $74.6600) on Wed. Jan. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.82% (three month average) |
RSI | 37 |
Latest Price | $74.6200(1.15%) |
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 declines -1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(99%) EMHY(80%) PCY(75%) LQD(73%) IVE(69%) |
Factors Impacting HYG price | HYG will decline at least -0.41% in a week (0% probabilities). XLP(-8%) EDOC(-7%) BND(-7%) TBT(-6%) ARKG(-6%) |
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 | -0.41% (StdDev 0.82%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.5% |
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