| SPY latest price $415.5100 (-0.1%) ($415.2650 - $417.6200) on Mon. May. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.97% (three month average) |
RSI | 59 |
Latest Price | $415.5100(-0.1%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(95%) VT(95%) IWF(94%) VUG(94%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -0.485% in a week (0% probabilities). VXX(-72%) VIXM(-64%) UUP(-31%) TBT(-22%) 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 | -0.485% (StdDev 0.97%) |
Hourly BBV | 0.7 () |
Intraday Trend | 0% |
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