| SPY latest price $390.5200 (0.72%) ($388.3500 - $390.5450) on Mon. Feb. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.84% (three month average) |
RSI | 61 |
Latest Price | $390.5200(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.5% 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(96%) DIA(93%) QQQ(93%) IVE(92%) |
Factors Impacting SPY price | SPY will decline at least -0.42% in a week (0% probabilities). VIXM(-53%) UUP(-28%) VXX(-17%) TBT(-3%) IGOV(-2%) |
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 | -0.42% (StdDev 0.84%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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