| JNK latest price $92.8800 (0.78%) ($90.9000 - $95.3700) on Tue. Dec. 30, 2008. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 3.43% (three month average) |
| RSI | 71 |
| Latest Price | $92.8800(0.78%) |
| Stocks Behave Similarly | Similar Stock List |
| Top Holdings | Top Holding List |
| Daily Trend | JNK advances 1.2% a day on average for past five trading days. |
| Weekly Trend | JNK advances 6.3% 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(69%) IWM(65%) EWG(63%) EEM(62%) QQQ(61%) |
| Factors Impacting JNK price | JNK will decline at least -1.715% in a week (0% probabilities).
TLT(-19%) SHY(-2%) TIP(5%) GLD(8%) USO(32%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -1.715% (StdDev 3.43%) |
| Hourly BBV | 0 () |
| Intraday Trend | 1.7% |
| | |
| |
|