| JNK latest price $98.7800 (1.7%) ($98.2700 - $98.8400) on Mon. May. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 58 |
Latest Price | $98.7800(1.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.2% a day on average for past five trading days. |
Market Behavior | Broad based 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(76%) SPY(75%) PCY(74%) FIVG(72%) |
Factors Impacting JNK price | JNK will decline at least -1.025% in a week (0% probabilities). VIXM(-45%) UUP(-33%) VXX(-16%) TBT(-14%) UNG(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.025% (StdDev 2.05%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.1% |
| |
|
|