| SPY latest price $394.7300 (-0.27%) ($393.0200 - $395.4500) on Tue. Mar. 30, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.98% (three month average) |
RSI | 58 |
Latest Price | $394.7300(-0.27%) |
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 declines -0.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(94%) IWD(93%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.49% in a week (0% probabilities). VIXM(-51%) UUP(-28%) VXX(-16%) TBT(-3%) TLT(2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.49% (StdDev 0.98%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.1% |
| |
|
|