| SPY latest price $400.3800 (0.65%) ($394.1200 - $400.8600) on Thu. Sep. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 27 |
Latest Price | $400.3800(0.65%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPY declines -2.7% 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%) IVE(94%) IWD(93%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.725% in a week (0% probabilities). UUP(-21%) VIXM(-20%) TBT(-15%) EDOC(-9%) VXX(-4%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.2% |
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