| HYG latest price $77.4750 (-0.11%) ($77.4750 - $77.7500) on Fri. Dec. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.45% (three month average) |
RSI | 81 |
Latest Price | $77.4750(-0.11%) |
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 0.9% 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) EMHY(98%) CEMB(96%) GDXJ(96%) GDX(94%) SHY(91%) |
Factors Impacting HYG price | HYG will decline at least -0.225% in a week (0% probabilities). TBT(-40%) VXX(-25%) UUP(-19%) URA(-13%) IDRV(19%) |
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 | 0 () |
Intraday Trend | -0.3% |
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