| SPY latest price $246.7900 (1.5%) ($239.7500 - $256.3500) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.29% (three month average) |
RSI | 37 |
Latest Price | $246.7900(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY declines -9.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) DIA(95%) IWF(95%) IWD(93%) IVE(92%) |
Factors Impacting SPY price | SPY will decline at least -1.645% in a week (0% probabilities). VIXM(-60%) VXX(-24%) UUP(-21%) TLT(-14%) SHY(2%) |
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 | -1.645% (StdDev 3.29%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.7% |
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