| LQD latest price $106.8500 (0.81%) ($106.4000 - $106.9100) on Wed. Nov. 29, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.66% (three month average) |
RSI | 73 |
Latest Price | $106.8500(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | LQD advances 0.4% a day on average for past five trading days. |
Weekly Trend | LQD advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) BND(97%) VCIT(97%) VCSH(88%) TIP(87%) CEMB(86%) |
Factors Impacting LQD price | LQD will decline at least -0.33% in a week (0% probabilities). TBT(-88%) EDOC(-49%) URA(-38%) XLE(-14%) XAR(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.33% (StdDev 0.66%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.3% |
| |
|
|