| SPY latest price $360.6200 (-0.54%) ($358.3400 - $361.9200) on Tue. Nov. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.28% (three month average) |
RSI | 83 |
Latest Price | $360.6200(-0.54%) |
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 4.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock 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%) IVE(91%) |
Factors Impacting SPY price | SPY will decline at least -0.64% in a week (0% probabilities). VIXM(-53%) UUP(-28%) VXX(-18%) EDOC(-11%) TBT(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.64% (StdDev 1.28%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.2% |
| |
|
|