| SPY latest price $281.0100 (2.14%) ($277.0800 - $281.1000) on Wed. Nov. 7, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.94% (three month average) |
RSI | 53 |
Latest Price | $281.0100(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) IVE(94%) IWD(94%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.47% in a week (0% probabilities). VXX(-24%) TLT(-22%) UUP(-20%) VIXM(-15%) DIA(-11%) |
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 | -0.47% (StdDev 0.94%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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