| SPY latest price $267.3300 (0.82%) ($266.0700 - $268.2000) on Mon. Apr. 16, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 52 |
Latest Price | $267.3300(0.82%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) IVE(94%) IWD(94%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.665% in a week (0% probabilities). TLT(-21%) UUP(-19%) VIXM(-18%) DIA(-7%) GDXJ(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|