| SPY latest price $318.9200 (1.3%) ($312.0000 - $319.7600) on Tue. Jul. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 55 |
Latest Price | $318.9200(1.3%) |
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 1.7% 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%) IWF(95%) DIA(93%) QQQ(92%) IWD(90%) |
Factors Impacting SPY price | SPY will decline at least -0.785% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.785% (StdDev 1.57%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
| |
|
|