| SPY latest price $392.4500 (0.02%) ($389.3300 - $392.6600) on Wed. Feb. 17, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.79% (three month average) |
RSI | 75 |
Latest Price | $392.4500(0.02%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY advances 2% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -0.395% in a week (0% probabilities). VIXM(-52%) UUP(-28%) VXX(-17%) IGOV(-4%) TBT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.395% (StdDev 0.79%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.5% |
| |
|
|