| SPY latest price $311.3600 (-0.26%) ($309.0800 - $313.0000) on Thu. Jun. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 83 |
Latest Price | $311.3600(-0.26%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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 -1.785% in a week (0% probabilities). VIXM(-56%) UUP(-29%) VXX(-21%) TLT(-2%) TBT(2%) |
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 | 0.1 () |
Intraday Trend | 0.1% |
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