| JNK latest price $96.9600 (-2.09%) ($96.8900 - $97.9800) on Fri. May. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 35 |
Latest Price | $96.9600(-2.09%) |
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 -1.1% 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%) EMHY(76%) SPY(76%) PCY(73%) FIVG(72%) |
Factors Impacting JNK price | JNK will decline at least -1.015% in a week (0% probabilities). VIXM(-46%) UUP(-32%) VXX(-16%) TBT(-13%) UNG(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.015% (StdDev 2.03%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.9% |
| |
|
|