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     Mon. Oct. 19, 2009

Trading Signals: SPY Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. May. 31, 2024)

(SPDR S&P 500 ETF Trust)

SPY latest price $109.7900 (0.83%) ($108.7300 - $110.1300) on Mon. Oct. 19, 2009.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  0.97% (three month average)
RSI   63
Latest Price   $109.7900(0.83%)
Stocks Behave Similarly  Similar Stock List
Top Holdings  Top Holding List
Daily Trend  SPY advances 0.4% a day on average for past five trading days.
Weekly Trend  SPY advances 2.3% a week on average for past two weeks.
Market Behavior  Normal for large cap. Normal for small cap.
Correlated ETFs  Broad market will support SPY advance at 0% a week (0% probability)
  QQQ(92%)    IWM(89%)    XLK(89%)    XLY(87%)    EWG(81%)  
Factors Impacting SPY price  SPY will decline at least -0.485% in a week (0% probabilities).
  TLT(-35%)    SHY(-11%)    TIP(-8%)    IGOV(4%)    GLD(5%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.485% (StdDev 0.97%)
Hourly BBV   0 ()
Intraday Trend   0.7%
  
 

  


5 Day Moving Average  $109.03(0.7%)
10 Day Moving Average  $107.89(1.76%)
20 Day Moving Average  $106.49(3.1%)
To recent high  0%
To recent low  15.4%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.7
One Month Target Price  > $109.79
(if BBV positive, VIX trend negative.)
Correction Price  < $104.47
 
CFTC S&P 500 speculative net positions  37.8000 k (Sat. Apr. 25, 2020) Increase
Fed Fund Rate  % ()
Yield Curve   (0)
Credit Spread   (0)
 

$. The price is 0% to new high. In the past, the price will move at least 10% above the recent low once it hits new high. Now it's -5.7% away from the target price of 109.79.
$. SPY price fluctuates within 1.85% (three month std-dev: 0.97%) daily (68% of days).

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