| SPY latest price $332.3700 (-0.54%) ($331.6210 - $334.7700) on Tue. Sep. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 42 |
Latest Price | $332.3700(-0.54%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY declines -1.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value 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(91%) |
Factors Impacting SPY price | SPY will decline at least -0.53% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.53% (StdDev 1.06%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.5% |
| |
|
|