| JNK latest price $92.4700 (0.62%) ($91.7600 - $92.4900) on Tue. Aug. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.43% (three month average) |
RSI | 54 |
Latest Price | $92.4700(0.62%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | JNK advances 0.3% 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. Broad based rally for small cap. |
Correlated ETFs | Broad market will support JNK advance at 0% a week (0% probability) HYG(98%) VCIT(86%) EMHY(85%) LQD(83%) VCSH(83%) |
Factors Impacting JNK price | JNK will decline at least -0.215% in a week (0% probabilities). TBT(-71%) VXX(-48%) VIXM(-44%) UUP(-25%) USO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.215% (StdDev 0.43%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.7% |
| |
|
|