| SPY latest price $503.4900 (-0.38%) ($497.4900 - $504.2700) on Thu. Apr. 25, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 33 |
Latest Price | $503.4900(-0.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY declines -1.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(91%) QQQ(89%) IWO(79%) IWM(74%) SMH(70%) |
Factors Impacting SPY price | SPY will decline at least -0.375% in a week (0% probabilities). VXX(-70%) VIXM(-45%) UUP(-41%) GDX(26%) GLD(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 | -0.1 () |
Intraday Trend | 0.9% |
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