| SPY latest price $453.9400 (-0.44%) ($453.8600 - $457.1600) on Wed. Oct. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.7% (three month average) |
RSI | 75 |
Latest Price | $453.9400(-0.44%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(97%) IWF(97%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.35% in a week (0% probabilities). VIXM(-48%) UUP(-26%) VXX(-13%) TBT(-5%) IGOV(-5%) |
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 | -0.35% (StdDev 0.7%) |
Hourly BBV | -1.4 () |
Intraday Trend | -0.6% |
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