| SPY latest price $542.4500 (0.2%) ($539.5900 - $543.3250) on Thu. Jun. 13, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.68% (three month average) |
RSI | 74 |
Latest Price | $542.4500(0.2%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(96%) QQQ(91%) SMH(83%) DIA(76%) IWO(72%) |
Factors Impacting SPY price | SPY will decline at least -0.34% in a week (0% probabilities). VIXM(-68%) VXX(-46%) TLT(-7%) UUP(13%) TAN(34%) |
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 | 0.7 () |
Intraday Trend | -0.1% |
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