Trading Signals: JNK Stock Price Prediction and Forecast

^ JNK: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Tue. Mar. 29, 2011

Trading Signals: JNK Stock Price Prediction and Forecast (Tue. Dec. 4, 2007 - Tue. Jan. 26, 2021)

(SPDR Bloomberg Barclays High Yield Bond ETF)
JNK latest price $121.2600 (0.05%) ($121.0500 - $121.4100) on Tue. Mar. 29, 2011.

Trend Analysis and Forecast

Trend Pattern   N/A
Trend Narrative   Uptrend Reversal
Average Daily Price Swing   $0.72 (0.6% one month average)
Average Daily Percentage Swing   0.37% (three month average)
Weekly Trend Force   0.1% (StdDev 0.37%)
Daily Moving Force   %
Correction Force   Weak (0%)
Trend   0.04%
Trend Strength   -0.1%
Latest Price   $121.2600(0.05%)
Forecasted Low Price   121.14(-0.1%)
Forecasted High Price   121.5(0.2%)
Direction of Next Movement   Range(0.1%)
% Change Needed to Confirm Correction   -100% (0)
% Change Needed for Trend Reversal   0.5%
Hourly Trend 0% [$0(0), $0(0)]
Stocks Behave Similarly   Similar Stock List
Complacency   0
Intraday Reversal Probability   N/A.
Weekly Trend   JNK advances 0.3% 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 (79% probability)
SPY(75%)    IWM(71%)    VGK(71%)    XLY(69%)    EWG(68%)
Factors Impacting JNK price   JNK will advance at least -0% in a week (19% probabilities).
TLT(-30%)    EDOC(-15%)    VIXM(-8%)    UUP(-7%)    ROBT(-6%)
Trading Plan   Buy the reversal

Valuation to SPY 1.8

Relative Volatility 0.6 (options are expensive)

Market Trend Strength   0.1% (StdDev 0.37%)
Hourly BBV 0 ()
Intraday Trend 0.1%

Next Hour Price   $121.26(0%)
Support Level   $120.94
5 Day Moving Average   $121.22(0.03%)
10 Day Moving Average   $120.87(0.32%)
20 Day Moving Average   $120.94(0.26%)
To recent high   -0.9%
To recent low   2.1%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. JNK price fluctuates within 0.6% (three month std-dev: 0.37% one year average std_dev: 0%) daily (68% of days).
$. JNK price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20110429

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Mar_29_2011	120.94 (-0%)	120.87 (0%)	121.22 (-0%)		(0%)	121.26(0.05%)	121.05-121.41	-168.4,0.3(0.4)	0	%	0.1%	0%	0.04%	-0.1%	N/A	Range(0.1%)	0	49	1.6	0	0	Uptrend Reversal	121.49(0.19%)	121.3-121.62	1	-0.9%-2.1%
2	Mar_28_2011	120.93 (-0%)	120.71 (0%)	121.24 (-0%)		(0%)	121.2(0%)	121.08-121.38	-155.4,0.3(0.3)	0	%	0%	0%	0.02%	-0.2%	N/A	Range(0%)	0	45	1.5	0	0	Uptrend Reversal	121.45(0.21%)	121.24-121.59	0.8	-0.9%-2.1%
3	Mar_25_2011	120.97 (-0%)	120.63 (0%)	121.27 (0.1%)		(0%)	121.2(-0.05%)	121.17-121.41	-151.6,0.3(0.3)	0	%	0%	0%	0.02%	-0.3%	N/A	Range(0%)	0	44	1.5	0	0	Rebound	121.1(-0.08%)	121.24-121.04	0.62	-0.9%-2.1%
4	Mar_24_2011	120.97 (-0%)	120.58 (0%)	121.17 (0.2%)		(0%)	121.26(0.07%)	121.05-121.44	-151.5,0.3(0.3)	0	%	0%	0%	-0%	-0.3%	N/A	Range(0%)	0	47	1.5	0	0	Rebound	121.15(-0.09%)	121.26-121.1	0.9	-0.9%-2.1%
5	Mar_23_2011	121 (-0%)	120.51 (-0%)	120.93 (0.4%)		(0%)	121.17(-0.17%)	120.99-121.29	-151.2,0.2(0.2)	0	0.1%	0%	0%	-0.04%	-0.4%	N/A	Range(0.2%)	0	43	1.5	0	0	N/A	121.11(-0.05%)	121.11-121.11	0.67	-1%-2%

6	Mar_22_2011	121.01 (-0%)	120.51 (-0%)	120.44 (0.3%)		(0%)	121.38(0.02%)	121-121.38	-150.6,0.5(0.5)	0	0.1%	0%	0%	-0.08%	-0.4%	N/A	Range(0.1%)	0	49	1.5	0	0	Downtrend	121.22(-0.13%)	121.18-121.32	2.26	-0.8%-2.2%
7	Mar_21_2011	121 (-0%)	120.5 (-0.2%)	120.09 (0.2%)		(0%)	121.35(0.55%)	120.93-121.41	-146.5,0.4(0.4)	0	%	-0%	0%	-0.1%	-0.4%	Downtrend Consolidation	Range(0%)	0	52	1.5	0	0	Downtrend Consolidation	121.16(-0.16%)	121.23-121.13	0.85	-0.8%-2.2%
8	Mar_18_2011	121.03 (-0%)	120.51 (-0.2%)	119.9 (-0%)		(0%)	120.69(0.52%)	120.53-120.99	-141.1,-0.3(-0.4)	0	%	-0.1%	0%	-0.12%	-0.4%	Growing Downtrend	Range(-0.1%)	0	39	1.6	0	0	After Bottom	120.45(-0.2%)	119.99-120.82	0.93	-1.3%-1.6%
9	Mar_17_2011	121.08 (-0%)	120.58 (-0.2%)	119.93 (-0.1%)		(0%)	120.06(1.11%)	119.43-120.24	-139.5,-1(-1.2)	0	%	-0.1%	0%	-0.12%	-0.4%	Growing Downtrend	Range(-0.1%)	0	39	1.6	0	0	Growing Downtrend	119.81(-0.21%)	119.59-120.23	0.93	-1.9%-1.1%
10	Mar_16_2011	121.17 (-0%)	120.76 (-0.2%)	120.06 (-0.4%)		(0%)	118.74(-0.73%)	118.74-120.03	-144.7,-2.6(-2.9)	0	-0.1%	-0.2%	0.6%	-0.12%	-0.3%	Oversold	Higher(0.7%)	0	35	1.6	0	0	Growing Downtrend	118.53(-0.18%)	118.25-119.15	2.52	-2.9%-0%

11	Mar_15_2011	121.32 (-0%)	121.03 (-0%)	120.54 (-0.3%)		(0%)	119.61(-0.67%)	119.01-119.97	-197.6,-2.6(-2.8)	0	-0.1%	-0.1%	0.6%	-0.08%	-0.2%	Oversold	Higher(0.7%)	0	38	1.2	0	0	Growing Downtrend	119.5(-0.09%)	119.34-119.91	1.84	-2.2%-0.6%
12	Mar_14_2011	121.43 (-0%)	121.19 (-0%)	120.94 (-0.2%)		(0%)	120.42(-0.35%)	120.36-120.9	-257.3,-1.9(-2.1)	0	%	-0.1%	0%	-0.04%	-0.2%	Oversold	Range(0.1%)	0	45	0.9	0	0	Growing Downtrend	120.37(-0.04%)	120.28-120.59	1.79	-1.6%-1.3%
13	Mar_11_2011	121.49 (-0%)	121.38 (-0%)	121.2 (-0.1%)		(0%)	120.84(0.13%)	120.54-120.9	-303,-1.3(-1.6)	0	%	-0.1%	0%	-0.02%	-0.1%	N/A	Range(-0.1%)	0	39	0.8	0	0	Growing Downtrend	120.83(-0.01%)	120.78-120.94	0.87	-1.2%-1.6%
14	Mar_10_2011	121.51 (-0%)	121.48 (-0%)	121.32 (-0.2%)		(0%)	120.68(-0.4%)	120.66-121.26	-319.3,-1.9(-2.2)	0	%	-0.1%	0%	-0.02%	-0%	Oversold	Range(0.1%)	0	43	0.8	0	0	Growing Downtrend	120.68(-0%)	120.62-120.82	1.07	-1.4%-1.5%
15	Mar_9_2011	121.54 (0%)	121.56 (-0%)	121.56 (-0%)		(0%)	121.17(-0.34%)	121.17-121.65	-347.3,-1.1(-1.1)	0	%	-0%	0%	-0%	0%	N/A	Range(0.2%)	0	46	0.7	0	0	Range Bound	121.24(0.06%)	121.33-121.17	1.13	-1%-1.9%

16	Mar_8_2011	121.57 (0%)	121.58 (-0%)	121.59 (0.1%)		(0%)	121.58(-0.11%)	121.44-121.77	-357.6,0(0)	0	%	0%	0%	-0%	0%	N/A	Range(0.1%)	0	51	0.7	0	0	Growing Uptrend	121.58(0%)	121.58-121.58	0.53	-0.6%-2.3%
17	Mar_7_2011	121.58 (0%)	121.55 (-0%)	121.47 (-0.1%)		(0%)	121.71(0.2%)	121.41-121.71	-347.1,0.4(0.4)	0	%	-0%	0%	-0.02%	-0%	N/A	Range(0%)	0	50	0.7	0	0	Correction	121.64(-0.06%)	121.6-121.67	0.71	-0.5%-2.4%
18	Mar_4_2011	121.57 (0%)	121.59 (-0%)	121.6 (-0.1%)		(0%)	121.47(-0.34%)	121.44-121.89	-347.4,-0.3(-0.3)	0	%	-0%	0%	0%	0%	N/A	Range(0.2%)	0	51	0.7	0	0	Correction	121.32(-0.12%)	121.3-121.47	0.89	-0.7%-2.2%
19	Mar_3_2011	121.56 (0%)	121.62 (0%)	121.67 (0.1%)		(0%)	121.89(0.49%)	121.47-121.89	-338,0.9(0.9)	0	%	0%	0%	0.02%	0%	N/A	Range(0%)	0	57	0.7	0	0	Uptrend	121.9(0.01%)	121.83-121.93	0.9	-0.4%-2.5%
20	Mar_2_2011	121.52 (0%)	121.6 (0%)	121.56 (-0%)		(0%)	121.29(0.25%)	121.05-121.5	-328.5,-0.6(-0.6)	0	%	-0%	0%	0.02%	0.1%	N/A	Range(0%)	0	54	0.7	0	0	Uptrend	121.31(0.02%)	121.34-121.31	0.55	-0.9%-2%

21	Mar_1_2011	121.51 (0%)	121.62 (0%)	121.58 (-0%)		(0%)	120.99(-1.1%)	120.96-121.65	-311.7,-1.3(-1.3)	0	%	-0%	0%	0.02%	0.1%	N/A	Higher(0.6%)	0	43	0.8	0	0	After Top	121.16(0.14%)	121.02-121.28	1.02	-1.1%-1.8%
22	Feb_28_2011	121.53 (0%)	121.7 (0%)	121.62 (0%)		(0%)	122.34(0.39%)	121.82-122.34	-328.7,1.9(2.2)	0	%	0.1%	0%	0.02%	0.1%	Overbought	Range(0.1%)	0	53	0.8	0	0	Breakout	122.33(-0.01%)	122.2-122.38	0.95	0%-2.9%
23	Feb_25_2011	121.45 (0%)	121.6 (0%)	121.59 (0%)		(0%)	121.86(0.43%)	121.5-121.92	-337.8,1.1(1.1)	0	%	0%	0%	0.02%	0.1%	N/A	Range(0%)	0	52	0.8	0	0	Uptrend	121.86(0%)	121.78-121.9	1.57	-0.2%-2.5%
24	Feb_24_2011	121.45 (0%)	121.53 (0%)	121.56 (-0.1%)		(0%)	121.34(-0.01%)	121.26-121.62	-347.3,-0.2(-0.2)	0	%	0%	0%	0.02%	0.1%	N/A	Range(0%)	0	53	0.8	0	0	Uptrend	121.35(0.01%)	121.35-121.36	0.82	-0.7%-2.1%
25	Feb_23_2011	121.42 (0%)	121.51 (0%)	121.64 (-0%)		(0%)	121.35(0.1%)	121-121.68	-347.5,-0.2(-0.2)	0	%	-0%	0%	0.02%	0.1%	N/A	Range(0%)	0	56	0.7	0	0	Uptrend Consolidation	121.39(0.03%)	121.38-121.37	0.99	-0.7%-2.1%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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