| SPY latest price $285.7300 (-0.46%) ($285.4000 - $291.4000) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.68% (three month average) |
RSI | 67 |
Latest Price | $285.7300(-0.46%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value 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%) QQQ(91%) IVE(90%) |
Factors Impacting SPY price | SPY will decline at least -1.84% in a week (0% probabilities). VIXM(-58%) UUP(-29%) VXX(-22%) TLT(-4%) TBT(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 | -1.84% (StdDev 3.68%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.8% |
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