| SPY latest price $396.1100 (1.75%) ($386.2900 - $396.4700) on Thu. Mar. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.06% (three month average) |
RSI | 50 |
Latest Price | $396.1100(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.9% 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(95%) VT(95%) IWF(94%) VUG(93%) IVE(90%) |
Factors Impacting SPY price | SPY will decline at least -0.53% in a week (0% probabilities). VIXM(-61%) VXX(-26%) UUP(-25%) SHY(-20%) BNDX(-10%) |
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 | -0.53% (StdDev 1.06%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.4% |
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