| SPY latest price $95.0800 (0.27%) ($94.0000 - $95.1400) on Fri. Jun. 12, 2009. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 74 |
Latest Price | $95.0800(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY advances 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(89%) XLK(89%) XLY(87%) EWG(81%) |
Factors Impacting SPY price | SPY will decline at least -0.955% in a week (0% probabilities). TLT(-35%) SHY(-12%) TIP(-8%) IGOV(4%) GLD(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.955% (StdDev 1.91%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
| |
|
|