| SPY latest price $421.6500 (-0.15%) ($421.4100 - $423.2600) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 80 |
Latest Price | $421.6500(-0.15%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(94%) QQQ(94%) IWD(93%) |
Factors Impacting SPY price | SPY will decline at least -0.36% in a week (0% probabilities). VIXM(-50%) UUP(-27%) 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 | -0.36% (StdDev 0.72%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.4% |
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