| SPY latest price $334.1900 (1.66%) ($332.1500 - $334.9600) on Mon. Sep. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 51 |
Latest Price | $334.1900(1.66%) |
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 declines -1.2% 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(91%) |
Factors Impacting SPY price | SPY will decline at least -0.535% in a week (0% probabilities). VIXM(-54%) UUP(-28%) VXX(-19%) IGOV(-8%) EDOC(-7%) |
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 | -0.535% (StdDev 1.07%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.3% |
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