| JNK latest price $106.8900 (0.72%) ($106.8600 - $108.0850) on Mon. Nov. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.43% (three month average) |
RSI | 61 |
Latest Price | $106.8900(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.5% a day on average for past five trading days. |
Weekly Trend | JNK advances 0.5% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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%) IVW(72%) |
Factors Impacting JNK price | JNK will decline at least -0.215% in a week (0% probabilities). VIXM(-41%) UUP(-31%) TBT(-20%) VXX(-13%) EDOC(-9%) |
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 | -0.215% (StdDev 0.43%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.1% |
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