| SPY latest price $371.4600 (-0.19%) ($370.8300 - $374.0000) on Tue. Dec. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.02% (three month average) |
RSI | 51 |
Latest Price | $371.4600(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(96%) DIA(93%) QQQ(93%) IWD(92%) |
Factors Impacting SPY price | SPY will decline at least -0.51% in a week (0% probabilities). VIXM(-52%) UUP(-28%) VXX(-18%) TBT(-3%) IGOV(-1%) |
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 | -0.51% (StdDev 1.02%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.6% |
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