| SPY latest price $454.2000 (0.45%) ($452.7500 - $455.0400) on Mon. Jul. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 68 |
Latest Price | $454.2000(0.45%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) VT(97%) IVW(95%) IWF(95%) VUG(95%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.38% in a week (0% probabilities). VXX(-73%) VIXM(-64%) UUP(-34%) TBT(-34%) EDOC(-8%) |
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 | -0.38% (StdDev 0.76%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.2% |
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