| LQD latest price $104.5700 (0.27%) ($103.9800 - $104.7400) on Fri. Nov. 11, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 78 |
Latest Price | $104.5700(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.7% a day on average for past five trading days. |
Weekly Trend | LQD advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(83%) EMHY(75%) HYG(74%) JNK(74%) SHY(65%) |
Factors Impacting LQD price | LQD will decline at least -0.435% in a week (0% probabilities). UUP(-18%) VIXM(-14%) TBT(-13%) VXX(-6%) OIH(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.4% |
| |
|
|