| SPY latest price $388.5900 (-0.35%) ($387.4400 - $391.3600) on Mon. Jun. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 36 |
Latest Price | $388.5900(-0.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SPY declines -2.8% a week on average for past two weeks. |
Market Behavior | Normal 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%) IWD(94%) DIA(93%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.885% in a week (0% probabilities). VIXM(-26%) UUP(-24%) TBT(-11%) VXX(-5%) EDOC(7%) |
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 | -0.885% (StdDev 1.77%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.6% |
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