| SPY latest price $374.2900 (2.43%) ($363.5400 - $374.8000) on Fri. Oct. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 55 |
Latest Price | $374.2900(2.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.2% 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(96%) IWF(96%) IVE(93%) QQQ(93%) IWD(92%) |
Factors Impacting SPY price | SPY will decline at least -0.76% in a week (0% probabilities). VIXM(-13%) UUP(-13%) TBT(-11%) VXX(-3%) SHY(3%) |
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 | -0.76% (StdDev 1.52%) |
Hourly BBV | 2.2 () |
Intraday Trend | 2.5% |
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