| SPY latest price $257.7500 (-1.49%) ($256.2200 - $263.3300) on Tue. Mar. 31, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.43% (three month average) |
RSI | 46 |
Latest Price | $257.7500(-1.49%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(95%) DIA(94%) IWD(92%) IVE(91%) |
Factors Impacting SPY price | SPY will decline at least -1.715% in a week (0% probabilities). VIXM(-57%) UUP(-30%) VXX(-22%) TLT(-7%) SHY(5%) |
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 | -1.715% (StdDev 3.43%) |
Hourly BBV | -0 () |
Intraday Trend | -1.1% |
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