| JNK latest price $105.3000 (-1.49%) ($104.6100 - $106.0200) on Fri. Jun. 24, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.45% (three month average) |
RSI | 46 |
Latest Price | $105.3000(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.1% a day on average for past five trading days. |
Weekly Trend | JNK declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) HYG(99%) SPY(77%) IWD(76%) IVE(75%) EMHY(73%) |
Factors Impacting JNK price | JNK will decline at least -0.225% in a week (0% probabilities). UUP(-20%) VIXM(-18%) TLT(-5%) IPO(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.225% (StdDev 0.45%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|