| SPY latest price $522.2000 (0.33%) ($521.9100 - $524.1100) on Thu. Mar. 21, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.68% (three month average) |
RSI | 60 |
Latest Price | $522.2000(0.33%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(93%) QQQ(93%) DIA(82%) IWO(80%) SMH(74%) |
Factors Impacting SPY price | SPY will decline at least -0.34% in a week (0% probabilities). VXX(-78%) VIXM(-61%) UUP(-26%) GLD(8%) TLT(9%) |
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 | -0.34% (StdDev 0.68%) |
Hourly BBV | 1.1 () |
Intraday Trend | -0.2% |
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