| SPY latest price $415.8700 (1.07%) ($413.6900 - $416.1600) on Thu. Apr. 15, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.96% (three month average) |
RSI | 91 |
Latest Price | $415.8700(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal 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 -0.48% in a week (0% probabilities). VIXM(-51%) UUP(-28%) VXX(-16%) 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 | -0.48% (StdDev 0.96%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
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