| 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% |
| |
|
|