| SPY latest price $122.2200 (0.44%) ($121.3000 - $123.5100) on Wed. Aug. 31, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 59 |
Latest Price | $122.2200(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.6% 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(86%) EWG(79%) |
Factors Impacting SPY price | SPY will decline at least -0.93% in a week (0% probabilities). TLT(-31%) SHY(-7%) TIP(-5%) IGOV(0%) GLD(5%) |
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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | -0.2% |
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