| SPY latest price $128.0400 (0.27%) ($126.4300 - $128.2300) on Thu. Jan. 5, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 71 |
Latest Price | $128.0400(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPY advances 2% 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 -0.795% 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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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