| SPY latest price $406.0700 (1.25%) ($398.1500 - $406.8000) on Thu. Jul. 28, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.76% (three month average) |
RSI | 62 |
Latest Price | $406.0700(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% 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 | 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(97%) IWD(94%) DIA(93%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.88% in a week (0% probabilities). VIXM(-25%) UUP(-23%) TBT(-14%) VXX(-5%) EDOC(1%) |
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 | -0.88% (StdDev 1.76%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.1% |
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