| JNK latest price $109.2500 (0.25%) ($109.0600 - $109.3500) on Wed. Jan. 20, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.33% (three month average) |
RSI | 60 |
Latest Price | $109.2500(0.25%) |
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 0.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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(73%) |
Factors Impacting JNK price | JNK will decline at least -0.165% in a week (0% probabilities). VIXM(-41%) UUP(-31%) TBT(-21%) VXX(-12%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.165% (StdDev 0.33%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
| |
|
|