| SPY latest price $110.3500 (0.14%) ($109.8500 - $110.7300) on Tue. Aug. 24, 2004. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 49 |
Latest Price | $110.3500(0.14%) |
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% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) QQQ(91%) IWM(89%) XLK(89%) XLY(87%) EWG(83%) |
Factors Impacting SPY price | SPY will decline at least -0.365% in a week (0% probabilities). TLT(-34%) SHY(-22%) TIP(-12%) REMX(-0%) LQD(18%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.365% (StdDev 0.73%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
| |
|
|