| SPY latest price $253.4200 (-2.98%) ($251.0500 - $260.8100) on Fri. Mar. 27, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.4% (three month average) |
RSI | 46 |
Latest Price | $253.4200(-2.98%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 2.1% a day on average for past five trading days. |
Weekly Trend | SPY declines -4.5% 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(96%) IWF(95%) DIA(94%) IVE(92%) IWD(92%) |
Factors Impacting SPY price | SPY will decline at least -1.7% in a week (0% probabilities). VIXM(-58%) UUP(-30%) VXX(-23%) TLT(-8%) SHY(4%) |
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 | -1.7% (StdDev 3.4%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.1% |
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