| JNK latest price $89.7000 (0%) ($88.5000 - $90.0600) on Wed. Apr. 8, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 62 |
Latest Price | $89.7000(0%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.7% a day on average for past five trading days. |
Weekly Trend | JNK advances 1.1% 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(65%) EEM(64%) QQQ(64%) |
Factors Impacting JNK price | JNK will decline at least -0.955% in a week (0% probabilities). TLT(-18%) SHY(-3%) TIP(6%) IGOV(8%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.955% (StdDev 1.91%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|