| SPY latest price $87.3900 (3.38%) ($86.0700 - $87.9500) on Wed. Jan. 28, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.24% (three month average) |
RSI | 41 |
Latest Price | $87.3900(3.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPY declines -2.5% 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(89%) XLK(89%) XLY(88%) EWG(82%) |
Factors Impacting SPY price | SPY will decline at least -1.62% in a week (0% probabilities). TLT(-34%) SHY(-13%) TIP(-8%) GLD(4%) LQD(18%) |
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 | -1.62% (StdDev 3.24%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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