| SPY latest price $314.3800 (-0.57%) ($310.6800 - $317.1000) on Thu. Jul. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 52 |
Latest Price | $314.3800(-0.57%) |
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 1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(95%) DIA(93%) QQQ(92%) IVE(90%) |
Factors Impacting SPY price | SPY will decline at least -0.81% in a week (0% probabilities). VIXM(-53%) UUP(-29%) VXX(-19%) TBT(-1%) TLT(0%) |
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 | -0.81% (StdDev 1.62%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.8% |
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