| SPY latest price $434.6900 (-0.72%) ($434.6200 - $440.2600) on Mon. Oct. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.73% (three month average) |
RSI | 51 |
Latest Price | $434.6900(-0.72%) |
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 declines -0.2% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IWF(97%) DIA(94%) QQQ(94%) IVE(93%) |
Factors Impacting SPY price | SPY will decline at least -0.365% in a week (0% probabilities). VIXM(-48%) UUP(-26%) VXX(-13%) TBT(-4%) IGOV(-4%) |
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 | -0.365% (StdDev 0.73%) |
Hourly BBV | -2.2 () |
Intraday Trend | -0.6% |
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