| SPY latest price $384.2400 (0.09%) ($383.2500 - $384.9500) on Thu. Jan. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 67 |
Latest Price | $384.2400(0.09%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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 -0.48% 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 | -0.48% (StdDev 0.96%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
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