| SPY latest price $521.2100 (-0.19%) ($520.9700 - $522.6050) on Fri. Mar. 22, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 59 |
Latest Price | $521.2100(-0.19%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(92%) QQQ(92%) DIA(81%) IWO(81%) IWM(75%) |
Factors Impacting SPY price | SPY will decline at least -0.345% in a week (0% probabilities). VXX(-76%) VIXM(-61%) UUP(-26%) TLT(13%) GLD(16%) |
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 | -0.345% (StdDev 0.69%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
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