| SPY latest price $130.7100 (1.04%) ($129.2300 - $131.5100) on Mon. Aug. 11, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 56 |
Latest Price | $130.7100(1.04%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.2% 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(92%) IWM(90%) XLK(90%) XLY(88%) EWG(84%) |
Factors Impacting SPY price | SPY will decline at least -0.62% in a week (0% probabilities). TLT(-35%) SHY(-19%) TIP(-9%) GLD(5%) LQD(22%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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