| SPY latest price $366.0200 (1.09%) ($364.9300 - $367.6800) on Tue. Dec. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 64 |
Latest Price | $366.0200(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPY advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value 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(93%) IWD(92%) |
Factors Impacting SPY price | SPY will decline at least -0.66% in a week (0% probabilities). VIXM(-52%) UUP(-28%) VXX(-18%) TBT(-3%) IGOV(-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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.1% |
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