| JNK latest price $105.6300 (0.6%) ($105.1900 - $105.7200) on Wed. Jul. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.71% (three month average) |
RSI | 83 |
Latest Price | $105.6300(0.6%) |
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 advances 1.4% a week on average for past two weeks. |
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(75%) SPY(75%) PCY(74%) IVW(72%) |
Factors Impacting JNK price | JNK will decline at least -0.355% in a week (0% probabilities). VIXM(-42%) UUP(-32%) TBT(-19%) VXX(-13%) IGOV(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.355% (StdDev 0.71%) |
Hourly BBV | 2.1 () |
Intraday Trend | 0.3% |
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