| SPY latest price $136.2200 (-0.15%) ($135.9500 - $137.1800) on Mon. May. 2, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.78% (three month average) |
RSI | 68 |
Latest Price | $136.2200(-0.15%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.6% 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(88%) XLK(88%) XLY(87%) EWG(80%) |
Factors Impacting SPY price | SPY will decline at least -0.39% in a week (0% probabilities). TLT(-33%) SHY(-8%) TIP(-7%) IGOV(2%) GLD(3%) |
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 | -0.39% (StdDev 0.78%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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