| SPY latest price $422.6000 (0.91%) ($418.8420 - $422.9200) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 61 |
Latest Price | $422.6000(0.91%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(96%) DIA(93%) IWD(93%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.385% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-15%) TBT(-2%) 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 | -0.385% (StdDev 0.77%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.4% |
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