Trading Signals: JNK Stock Price Prediction and Forecast

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

Thu. Apr. 9, 2020

Trading Signals: JNK Stock Price Prediction and Forecast (Tue. Dec. 4, 2007 - Fri. Dec. 22, 2023)

(SPDR Bloomberg Barclays High Yield Bond ETF)
JNK latest price $101.6400 (6.71%) ($100.0000 - $103.4800) on Thu. Apr. 9, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.97% (three month average)
RSI   76
Latest Price   $101.6400(6.71%)
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Daily Trend   JNK advances 2% a day on average for past five trading days.
Weekly Trend   JNK advances 3.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support JNK advance at 0% a week (0% probability)
HYG(99%)    EMHY(75%)    SPY(73%)    PCY(72%)    IWD(70%)
Factors Impacting JNK price   JNK will decline at least -0.985% in a week (0% probabilities).
VIXM(-45%)    UUP(-31%)    VXX(-16%)    TBT(-9%)    UNG(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.985% (StdDev 1.97%)
Hourly BBV 1.3 ()
Intraday Trend 1.1%

5 Day Moving Average   $94.67(7.36%)
10 Day Moving Average   $94.25(7.84%)
20 Day Moving Average   $92.54(9.83%)
To recent high   -7.8%
To recent low   20.2%
Market Cap   $N/A

$. JNK price fluctuates within 4.29% (three month std-dev: 1.97%) daily (68% of days).

Sample size 3 Average positive next day return: 4.77%(100%) Average negative next day return: 0%(0%) Sample size 3 Average positive next three day return: 4.32%(67%) Average negative next three day return: -2.22%(33%) Sample size 3 Average positive next weekly return: 2.82%(67%) Average negative next weekly return: -4.45%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200509

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_9_2020	105.24	92.54	94.25	94.67	95.5	97.98	101.64(6.71%)	UT	HoldLong	65	1.8	158	210	157	162	14.48	43%	-0.06	-32.4	1.97%	1.3	2.3	76	0.9
2	Apr_8_2020	105.3	92.19	93.38	92.81	92.89	94.15	95.25(2.29%)	UT	OpenLong	75	0.6	67	100	51	114	6.35	37%	-0.12	-59.4	1.77%	1.8	0.8	64	0.9
3	Apr_7_2020	105.43	92.38	92.87	92.11	92.29	93	93.12(0.34%)	UT	OpenLong	75	0.2	57	60	42	100	6.98	35%	-0.15	-65.5	1.74%	0.6	0.2	56	0.8
4	Apr_6_2020	105.59	92.79	92.4	92.43	91.86	91.64	92.8(2.5%)	UT	HoldLong	50	0.1	4	-40	-16	64	7.38	35%	-0.15	-64.2	1.74%	1	0	47	0.8
5	Apr_3_2020	105.75	93.14	91.65	92.94	92.5	91.58	90.54(-1.96%)	N/A	N/A	0	-0.5	-23	-80	-43	36	7.61	33%	-0.17	-59.3	1.71%	-1.7	-0.5	45	0.1

6	Apr_2_2020	105.93	93.85	91.27	93.71	93.58	92.08	92.35(0.68%)	N/A	N/A	0	-0.2	-39	-120	-53	5	6.35	34%	-0.15	-50.9	1.69%	-0.5	-0.3	38	-0.1
7	Apr_1_2020	106.09	94.52	90.86	93.99	94.14	93.42	91.73(-3.18%)	DT	OpenShort	-75	-0.3	-42	-50	-51	-16	6.62	34%	-0.16	-45.1	1.69%	-1.6	-0.4	44	-0.4
8	Mar_31_2020	106.26	95.3	90.69	93.65	94.46	95.09	94.74(-0.64%)	N/A	N/A	0	0.2	29	70	45	-21	6.76	36%	-0.13	-44.4	1.66%	-0.2	-0.1	41	-0.1
9	Mar_30_2020	106.4	95.86	90.54	92.3	93.31	94.88	95.35(1.03%)	N/A	N/A	0	0.4	59	150	98	-59	7.71	36%	-0.13	-47.9	1.66%	1.2	-0.1	39	-0.3
10	Mar_27_2020	106.54	96.41	90.27	90.14	91.26	93.83	94.38(0.65%)	RB	SmallLong	20	0.6	67	230	129	-119	26.87	36%	-0.13	-54.7	1.66%	1.1	-0.3	41	-0.6

11	Mar_26_2020	106.68	96.99	90.61	88.49	88.83	91.76	93.77(4.15%)	N/A	N/A	0	0.7	59	240	136	-174	11.11	36%	-0.14	-60.8	1.65%	1.3	-0.4	35	-0.3
12	Mar_25_2020	106.83	97.6	90.75	87.35	87.33	88.68	90.03(2.36%)	N/A	N/A	0	0.3	7	110	98	-266	10.44	31%	-0.18	-64.9	1.56%	1.4	-0.9	28	-0.7
13	Mar_24_2020	107.02	98.5	91.68	87.37	86.83	85.9	87.95(4%)	DP	OpenShort	-75	0.1	-118	-90	-38	-356	11.02	28%	-0.2	-66.5	1.53%	1.1	-1.3	23	-0.6
14	Mar_23_2020	107.23	99.52	93.08	88.61	87.71	85.98	84.57(-1.82%)	DT	HoldShort	-65	-0.5	-207	-170	-138	-414	5.81	21%	-0.23	-65.8	1.42%	-1.6	-1.9	20	-0.8
15	Mar_20_2020	107.48	100.78	94.73	90.39	89.96	87.77	86.14(-2.19%)	DT	HoldShort	-65	-0.6	-204	-180	-138	-403	5.71	22%	-0.21	-66.6	1.41%	-1.6	-2	20	-1.5

16	Mar_19_2020	107.71	102.02	96.68	93	91.73	89.47	88.07(-2.27%)	DT	HoldShort	-65	-0.7	-221	-210	-171	-370	8.42	23%	-0.19	-63.9	1.39%	-1.2	-2.1	24	-1.7
17	Mar_18_2020	107.92	103.17	98.58	94.6	94.11	92.13	90.12(-4.27%)	DT	OpenShort	-75	-0.8	-177	-160	-129	-321	6.88	24%	-0.18	-65.3	1.37%	-1.8	-2.2	25	-2.4
18	Mar_17_2020	108.12	104.21	100.42	96.61	95.53	93.99	94.14(0.72%)	DP	OpenShort	-75	-0.5	-186	-150	-148	-301	12.03	28%	-0.14	-64.9	1.28%	-0.7	-1.9	27	-2.2
19	Mar_16_2020	108.27	105.03	101.72	98.26	97.19	96.1	93.47(-5.76%)	DT	OpenShort	-75	-1	-142	-110	-105	-253	9.81	28%	-0.15	-62.6	1.27%	-1.5	-2.4	25	-2.7
20	Mar_13_2020	108.43	105.91	103.17	99.71	99.04	97.07	99.18(3.22%)	DP	OpenShort	-75	-0.1	-139	-160	-99	-260	11.36	34%	-0.09	-64.8	1.06%	0.1	-1.7	30	-1.9

21	Mar_12_2020	108.53	106.47	103.93	101	99.67	98.27	96.09(-4.05%)	DT	HoldShort	-65	-1.3	-274	-140	-256	-326	12.62	26%	-0.12	-59.9	0.96%	-1.3	-2.7	19	-2.6
22	Mar_11_2020	108.66	107.22	105.06	103.18	101.92	101	100.15(-2.21%)	DT	HoldShort	-65	-1	-138	-100	-103	-244	14.16	32%	-0.08	-56.9	0.83%	-1.3	-2.3	22	-2.2
23	Mar_10_2020	108.75	107.73	105.89	104.83	103.64	101.05	102.41(1.68%)	DP	OpenShort	-75	-0.9	-212	-210	-200	-246	17.19	36%	-0.06	-49.4	0.78%	0	-2.1	26	-2
24	Mar_9_2020	108.81	108.12	106.47	105.75	105.27	102.84	100.72(-4.66%)	DT	HoldShort	-65	-2.2	-318	-180	-329	-283	17.25	30%	-0.07	-43.3	0.75%	-1.2	-3.3	19	-2.7
25	Mar_6_2020	108.89	108.6	107.34	107.09	107.01	106.23	105.64(-1.27%)	DT	OpenShort	-75	-1	-202	-50	-187	-246	15.11	39%		-40.7	0.47%	-1.2	-2	26	-2.3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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