| JNK latest price $92.5500 (-0.3%) ($92.0500 - $92.6100) on Thu. Dec. 1, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.91% (three month average) |
RSI | 61 |
Latest Price | $92.5500(-0.3%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) HYG(99%) EMHY(78%) PCY(74%) LQD(71%) SPY(71%) |
Factors Impacting JNK price | JNK will decline at least -0.455% in a week (0% probabilities). TBT(-9%) VIXM(-7%) UUP(-3%) VXX(-1%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.455% (StdDev 0.91%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.1% |
| |
|
|