| SPY latest price $110.7100 (0.34%) ($109.5800 - $111.0600) on Thu. Jun. 3, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 37 |
Latest Price | $110.7100(0.34%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPY declines -1.5% 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%) XLK(89%) IWM(88%) XLY(87%) EWG(80%) |
Factors Impacting SPY price | SPY will decline at least -0.67% in a week (0% probabilities). TLT(-34%) SHY(-9%) TIP(-8%) IGOV(3%) GLD(4%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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