| SPY latest price $483.4500 (0.21%) ($482.7800 - $485.2200) on Mon. Jan. 22, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.71% (three month average) |
RSI | 59 |
Latest Price | $483.4500(0.21%) |
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 advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based 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(75%) |
Factors Impacting SPY price | SPY will decline at least -0.355% in a week (0% probabilities). VXX(-70%) VIXM(-57%) UUP(-38%) TLT(22%) GLD(23%) |
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 | -0.355% (StdDev 0.71%) |
Hourly BBV | 1 () |
Intraday Trend | -0.1% |
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