| SPY latest price $413.9400 (0.36%) ($411.0850 - $413.9600) on Mon. Apr. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.01% (three month average) |
RSI | 79 |
Latest Price | $413.9400(0.36%) |
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 advances 1.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) VT(96%) IVW(94%) IWF(94%) VUG(94%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -0.505% in a week (0% probabilities). VXX(-71%) VIXM(-62%) UUP(-31%) TBT(-21%) EDOC(-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 | -0.505% (StdDev 1.01%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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