| LQD latest price $130.8000 (1.1%) ($129.6500 - $130.8600) on Wed. May. 20, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 55 |
Latest Price | $130.8000(1.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.6% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.5% 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 LQD advance at 0% a week (0% probability) PCY(73%) HYG(66%) JNK(64%) VCIT(63%) EMHY(62%) |
Factors Impacting LQD price | LQD will decline at least -1.025% in a week (0% probabilities). TBT(-52%) UUP(-26%) VIXM(-22%) VXX(-9%) OIH(-0%) |
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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 2 () |
Intraday Trend | 0.8% |
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