| HYG latest price $76.0100 (0.17%) ($75.9200 - $76.1400) on Thu. Dec. 7, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.42% (three month average) |
RSI | 83 |
Latest Price | $76.0100(0.17%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | HYG advances 0.1% a day on average for past five trading days. |
Weekly Trend | HYG advances 0.7% 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) EMHY(90%) JNK(90%) SHY(88%) VCSH(86%) CEMB(81%) |
Factors Impacting HYG price | HYG will decline at least -0.21% in a week (0% probabilities). TBT(-44%) URA(-27%) UUP(-24%) IWC(-13%) VIXM(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.21% (StdDev 0.42%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
| |
|
|