| SPY latest price $264.8600 (6.72%) ($248.1700 - $267.0000) on Mon. Apr. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 54 |
Latest Price | $264.8600(6.72%) |
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 advances 3.3% 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%) DIA(94%) IWF(94%) IVE(91%) IWD(91%) |
Factors Impacting SPY price | SPY will decline at least -1.785% in a week (0% probabilities). VIXM(-59%) UUP(-28%) VXX(-23%) TLT(-5%) IGOV(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 | -1.785% (StdDev 3.57%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.6% |
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