| SPY latest price $124.8300 (-1.31%) ($124.7300 - $126.5300) on Wed. Dec. 28, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.69% (three month average) |
RSI | 44 |
Latest Price | $124.8300(-1.31%) |
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 0.4% 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%) XLK(88%) IWM(87%) XLY(85%) EWG(78%) |
Factors Impacting SPY price | SPY will decline at least -0.845% in a week (0% probabilities). TLT(-28%) SHY(-7%) IGOV(-4%) TIP(-2%) GLD(4%) |
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 | -0.845% (StdDev 1.69%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
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