| SPY latest price $442.6400 (-0.29%) ($441.9000 - $444.0500) on Mon. Sep. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.64% (three month average) |
RSI | 36 |
Latest Price | $442.6400(-0.29%) |
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 declines -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(97%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.32% in a week (0% probabilities). VIXM(-49%) UUP(-26%) VXX(-14%) TBT(-4%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.32% (StdDev 0.64%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0% |
| |
|
|