| JNK latest price $96.0000 (-1.87%) ($95.6400 - $97.4700) on Thu. Jan. 29, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 49 |
Latest Price | $96.0000(-1.87%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.2% a day on average for past five trading days. |
Weekly Trend | JNK declines -0.6% 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(71%) IWM(67%) EWG(66%) EEM(64%) QQQ(64%) |
Factors Impacting JNK price | JNK will decline at least -1.08% in a week (0% probabilities). TLT(-19%) SHY(-3%) IGOV(1%) TIP(5%) GLD(7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
| |
|
|