| SPY latest price $476.5600 (0.57%) ($473.8700 - $477.4480) on Wed. Jan. 10, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 51 |
Latest Price | $476.5600(0.57%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% 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 | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(94%) QQQ(93%) DIA(83%) IWO(79%) IWM(74%) |
Factors Impacting SPY price | SPY will decline at least -0.375% in a week (0% probabilities). VXX(-70%) VIXM(-59%) UUP(-44%) GLD(26%) TLT(27%) |
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 | -0.375% (StdDev 0.75%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.5% |
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