| SPY latest price $127.7000 (0.16%) ($126.7100 - $127.8100) on Wed. Jan. 4, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 64 |
Latest Price | $127.7000(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.8% 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 -0.8% in a week (0% probabilities). TLT(-27%) 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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
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