| JNK latest price $108.2700 (-0.13%) ($107.9800 - $108.4100) on Wed. Dec. 16, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.39% (three month average) |
RSI | 68 |
Latest Price | $108.2700(-0.13%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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%) IWF(73%) |
Factors Impacting JNK price | JNK will decline at least -0.195% in a week (0% probabilities). VIXM(-41%) UUP(-31%) TBT(-21%) VXX(-12%) IGOV(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.195% (StdDev 0.39%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.1% |
| |
|
|