| SPY latest price $435.5200 (1.07%) ($430.7140 - $435.8400) on Fri. Jul. 9, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 86 |
Latest Price | $435.5200(1.07%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.345% in a week (0% probabilities). VIXM(-50%) UUP(-26%) VXX(-14%) TBT(-3%) IGOV(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.345% (StdDev 0.69%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.7% |
| |
|
|