| SPY latest price $508.8650 (1.07%) ($505.7000 - $509.0000) on Fri. Apr. 26, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 38 |
Latest Price | $508.8650(1.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY declines -1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWO(96%) QQQ(96%) XBI(89%) IWM(86%) |
Factors Impacting SPY price | SPY will decline at least -0.38% in a week (0% probabilities). VXX(-84%) VIXM(-66%) GDX(-39%) GLD(-36%) GDXJ(-35%) |
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 | -0.38% (StdDev 0.76%) |
Hourly BBV | 0 () |
Intraday Trend | 0.5% |
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