| LQD latest price $138.7600 (-0.28%) ($138.7200 - $139.3800) on Fri. Aug. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.42% (three month average) |
RSI | 62 |
Latest Price | $138.7600(-0.28%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.1% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) PCY(74%) HYG(67%) JNK(66%) VCIT(63%) EMHY(62%) |
Factors Impacting LQD price | LQD will decline at least -0.21% in a week (0% probabilities). TBT(-53%) UUP(-26%) VIXM(-21%) IGOV(-10%) VXX(-8%) |
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 | -0.21% (StdDev 0.42%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.4% |
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