| HYG latest price $74.7400 (1.01%) ($74.6200 - $74.9300) on Tue. Nov. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.45% (three month average) |
RSI | 80 |
Latest Price | $74.7400(1.01%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Broad based 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(94%) VCSH(86%) SHY(85%) EMHY(84%) VCIT(83%) |
Factors Impacting HYG price | HYG will decline at least -0.225% in a week (0% probabilities). TBT(-60%) EDOC(-55%) UUP(-31%) URA(-12%) VXX(2%) |
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 | -0.225% (StdDev 0.45%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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