| SPY latest price $261.2000 (5.84%) ($249.0500 - $262.8000) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.38% (three month average) |
RSI | 42 |
Latest Price | $261.2000(5.84%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 1.8% a day on average for past five trading days. |
Weekly Trend | SPY declines -6.5% 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(96%) IWF(95%) DIA(94%) IVE(92%) IWD(92%) |
Factors Impacting SPY price | SPY will decline at least -1.69% in a week (0% probabilities). VIXM(-57%) UUP(-28%) VXX(-22%) TLT(-10%) 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 | -1.69% (StdDev 3.38%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.8% |
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