| SPY latest price $343.5400 (2.23%) ($339.5900 - $347.9400) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 44 |
Latest Price | $343.5400(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 1% a day on average for past five trading days. |
Weekly Trend | SPY declines -1.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth 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 -0.62% in a week (0% probabilities). VIXM(-53%) UUP(-28%) VXX(-19%) EDOC(-9%) TBT(-2%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
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