| SPY latest price $331.3000 (-0.2%) ($330.8200 - $332.1800) on Tue. Jan. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.42% (three month average) |
RSI | 74 |
Latest Price | $331.3000(-0.2%) |
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 1.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) DIA(96%) IWF(96%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.21% in a week (0% probabilities). VIXM(-63%) VXX(-28%) TLT(-19%) UUP(-12%) IGOV(-7%) |
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 | -0.21% (StdDev 0.42%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.1% |
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