| SPY latest price $321.7200 (0.29%) ($319.7350 - $322.5700) on Fri. Jul. 17, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.52% (three month average) |
RSI | 79 |
Latest Price | $321.7200(0.29%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% 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. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(95%) DIA(93%) QQQ(92%) IWD(90%) |
Factors Impacting SPY price | SPY will decline at least -0.76% in a week (0% probabilities). VIXM(-53%) UUP(-28%) VXX(-19%) TBT(-1%) TLT(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.76% (StdDev 1.52%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0% |
| |
|
|