| SPY latest price $500.9800 (-0.04%) ($500.2400 - $503.5000) on Mon. Feb. 12, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.63% (three month average) |
RSI | 71 |
Latest Price | $500.9800(-0.04%) |
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 1.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(78%) SMH(76%) |
Factors Impacting SPY price | SPY will decline at least -0.315% in a week (0% probabilities). VXX(-71%) VIXM(-54%) UUP(-43%) GLD(20%) TLT(25%) |
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 | -0.315% (StdDev 0.63%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0% |
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