| SPY latest price $120.2300 (-1.91%) ($119.9300 - $122.5500) on Mon. Oct. 17, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 54 |
Latest Price | $120.2300(-1.91%) |
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 2.9% 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 -1.08% in a week (0% probabilities). TLT(-30%) SHY(-7%) TIP(-3%) IGOV(-1%) GLD(6%) |
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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | -1.4% |
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