| LQD latest price $110.3600 (-0.14%) ($110.1400 - $110.5700) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.7% (three month average) |
RSI | 78 |
Latest Price | $110.3600(-0.14%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support LQD advance at 0% a week (0% probability) JNK(88%) PCY(88%) IGOV(86%) SLV(81%) HYG(78%) |
Factors Impacting LQD price | LQD will decline at least -0.35% in a week (0% probabilities). TBT(-84%) EDOC(-35%) URA(-15%) QQQ(-10%) USO(-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 | -0.35% (StdDev 0.7%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.1% |
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