| SPY latest price $427.9200 (1.45%) ($423.9500 - $428.7400) on Fri. Jun. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.94% (three month average) |
RSI | 68 |
Latest Price | $427.9200(1.45%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY advances 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) VT(96%) IWF(95%) IVW(94%) VUG(94%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -0.47% in a week (0% probabilities). VXX(-69%) VIXM(-60%) UUP(-33%) TBT(-32%) BLOK(-2%) |
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 | -0.47% (StdDev 0.94%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.8% |
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