| SPY latest price $320.7300 (-0.05%) ($319.3870 - $321.9740) on Fri. Dec. 20, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.59% (three month average) |
RSI | 77 |
Latest Price | $320.7300(-0.05%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) DIA(95%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.295% in a week (0% probabilities). VIXM(-63%) VXX(-28%) TLT(-19%) UUP(-12%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.295% (StdDev 0.59%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.1% |
| |
|
|