| SPY latest price $369.8500 (0.86%) ($367.2200 - $369.8500) on Fri. Dec. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 66 |
Latest Price | $369.8500(0.86%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.1% 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%) IWD(92%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.615% in a week (0% probabilities). VIXM(-51%) UUP(-27%) 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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.7% |
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