| SPY latest price $320.7900 (-0.33%) ($319.0900 - $321.2800) on Thu. Jul. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.55% (three month average) |
RSI | 64 |
Latest Price | $320.7900(-0.33%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock 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%) IWD(90%) |
Factors Impacting SPY price | SPY will decline at least -0.775% in a week (0% probabilities). VIXM(-53%) UUP(-28%) 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 | -0.775% (StdDev 1.55%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.3% |
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