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     Thu. Feb. 9, 2012

Trading Signals: SPY Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Jun. 14, 2024)

(SPDR S&P 500 ETF Trust)

SPY latest price $135.3600 (0.13%) ($134.5600 - $135.5900) on Thu. Feb. 9, 2012.


Trend Analysis and Forecast
 
Average Daily Percentage Swing  1.14% (three month average)
RSI   77
Latest Price   $135.3600(0.13%)
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 1.2% 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(88%)    IWM(87%)    XLY(85%)    EWG(78%)  
Factors Impacting SPY price  SPY will decline at least -0.57% in a week (0% probabilities).
  TLT(-27%)    SHY(-7%)    IGOV(-4%)    TIP(-2%)    GLD(4%)  
Explanation   The rally is not sustainable and not supported by the broad market.
 
 
Relative Volatility   (options are extremely cheap)
 
Market Trend Strength  -0.57% (StdDev 1.14%)
Hourly BBV   0 ()
Intraday Trend   -0%
  
 

  


5 Day Moving Average  $134.87(0.36%)
10 Day Moving Average  $133.49(1.4%)
20 Day Moving Average  $132.26(2.34%)
To recent high  0%
To recent low  16.3%
Market Cap  $N/A
 
Average Volume   million
BBV (position on Bollinger band)  1.7
One Month Target Price  > $135.36
(if BBV positive, VIX trend negative.)
Correction Price  < $127.64
 
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 -4.9% away from the target price of 135.36.
$. SPY price fluctuates within 1.41% (three month std-dev: 1.14%) daily (68% of days).

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