| HYG latest price $75.9900 (0.37%) ($75.2000 - $76.0100) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.44% (three month average) |
RSI | 82 |
Latest Price | $75.9900(0.37%) |
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 advances 0.8% 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(90%) EMHY(88%) SHY(87%) VCSH(85%) CEMB(81%) |
Factors Impacting HYG price | HYG will decline at least -0.22% in a week (0% probabilities). TBT(-45%) URA(-28%) SMH(-23%) UUP(-22%) IWC(-14%) |
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 | -0.22% (StdDev 0.44%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.9% |
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