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Stock Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

SPDR Bloomberg High Yield Bond ETF (PACF:JNK)

Countertrend Down (-85) - JNK is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid JNK?

MarketClub looks at technical strength and momentum to determine if the timing is right for JNK.

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PACF_JNK
Open High Low JNK Price Change
92.930 93.120 92.870 93.015 +0.205
Entry Signal

MarketClub’s Trade Triangles for JNK

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 93.595

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 94.200

short term up The short-term trend has been UP since Apr 19th, 2024 at 93.010

Smart Scan Analysis for JNK

Based on our trend formula, JNK is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for JNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.930 93.120 92.870 93.015 +0.205
Prev. Close Volume Bid Ask Time
93.000 6685143 2024-04-19 15:59:30
Year High37.05Year High Date2018-01-08
Year Low34.36Year Low Date2018-11-23
52wk High95.5952wk High Date2023-12-27
52wk Low87.79552wk Low Date2023-10-23
Year End Close40.71Average Volume5,251,369
Shares Outstanding79,673Assets128,067M
Beta-0.26000000Volatility5.36
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