| SPY latest price $302.0100 (0.67%) ($300.6200 - $302.2300) on Fri. Jul. 26, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 65 |
Latest Price | $302.0100(0.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.3% 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%) DIA(96%) IWF(96%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.375% in a week (0% probabilities). VIXM(-65%) VXX(-30%) TLT(-20%) UUP(-11%) IFRA(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.375% (StdDev 0.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|