| JNK latest price $95.5800 (1.27%) ($91.8000 - $97.1100) on Fri. Dec. 26, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 78 |
Latest Price | $95.5800(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 1.9% a day on average for past five trading days. |
Weekly Trend | JNK advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) SPY(68%) IWM(65%) EWG(62%) EEM(61%) QQQ(61%) |
Factors Impacting JNK price | JNK will decline at least -1.725% in a week (0% probabilities). TLT(-19%) SHY(-1%) TIP(6%) GLD(8%) USO(31%) |
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 | -1.725% (StdDev 3.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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