| SPY latest price $476.5100 (0.18%) ($474.8900 - $476.6600) on Wed. Dec. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 78 |
Latest Price | $476.5100(0.18%) |
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 advances 1.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(94%) QQQ(94%) DIA(84%) IWO(77%) SMH(76%) |
Factors Impacting SPY price | SPY will decline at least -0.38% in a week (0% probabilities). VXX(-67%) VIXM(-56%) UUP(-24%) TLT(16%) GLD(19%) |
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 | 0.8 () |
Intraday Trend | 0.2% |
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