| SPY latest price $534.0100 (-0.12%) ($532.5350 - $536.8900) on Fri. Jun. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 56 |
Latest Price | $534.0100(-0.12%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Normal 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(86%) QQQ(82%) SMH(72%) IWO(55%) DIA(48%) |
Factors Impacting SPY price | SPY will decline at least -0.345% in a week (0% probabilities). VXX(-42%) UUP(-31%) VIXM(-13%) XBI(8%) XLE(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 | -0.345% (StdDev 0.69%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.1% |
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