| SPY latest price $283.7900 (2.95%) ($279.9100 - $284.9000) on Tue. Apr. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.65% (three month average) |
RSI | 70 |
Latest Price | $283.7900(2.95%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 1.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(94%) DIA(93%) IWD(91%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -1.825% in a week (0% probabilities). VIXM(-58%) UUP(-29%) 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 | -1.825% (StdDev 3.65%) |
Hourly BBV | 1.3 () |
Intraday Trend | 1% |
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