| SPY latest price $291.9700 (-1.03%) ($291.9500 - $296.2050) on Tue. May. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.75% (three month average) |
RSI | 48 |
Latest Price | $291.9700(-1.03%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.1% 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(96%) IWF(94%) DIA(93%) QQQ(91%) IVE(90%) |
Factors Impacting SPY price | SPY will decline at least -1.875% in a week (0% probabilities). VIXM(-57%) UUP(-29%) VXX(-22%) TLT(-3%) TBT(3%) |
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 | -1.875% (StdDev 3.75%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.8% |
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