| SPY latest price $302.4600 (-3.32%) ($300.0100 - $308.4700) on Thu. Mar. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.37% (three month average) |
RSI | 30 |
Latest Price | $302.4600(-3.32%) |
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 declines -5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) DIA(95%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.685% in a week (0% probabilities). VIXM(-62%) VXX(-27%) TLT(-18%) UUP(-13%) SHY(-3%) |
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 | -0.685% (StdDev 1.37%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.8% |
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