| SPY latest price $445.1100 (0.3%) ($442.6600 - $445.2570) on Thu. Aug. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.62% (three month average) |
RSI | 61 |
Latest Price | $445.1100(0.3%) |
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 0.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(97%) DIA(94%) QQQ(94%) IWD(93%) |
Factors Impacting SPY price | SPY will decline at least -0.31% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-14%) TBT(-4%) TLT(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.31% (StdDev 0.62%) |
Hourly BBV | 2.4 () |
Intraday Trend | 0.3% |
| |
|
|