| HYG latest price $75.8500 (0.54%) ($75.7100 - $76.0400) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.43% (three month average) |
RSI | 73 |
Latest Price | $75.8500(0.54%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support HYG advance at 0% a week (0% probability) JNK(90%) SHY(87%) EMHY(85%) VCSH(85%) CEMB(80%) |
Factors Impacting HYG price | HYG will decline at least -0.215% in a week (0% probabilities). TBT(-45%) URA(-27%) UUP(-23%) IWC(-13%) SMH(-7%) |
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 | -0.215% (StdDev 0.43%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.1% |
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