| SPY latest price $477.2600 (1.42%) ($472.0100 - $477.3100) on Mon. Dec. 27, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.91% (three month average) |
RSI | 63 |
Latest Price | $477.2600(1.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.7% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(97%) DIA(94%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.455% in a week (0% probabilities). VIXM(-46%) UUP(-27%) VXX(-11%) TBT(-7%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.455% (StdDev 0.91%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
| |
|
|