| SPY latest price $476.8700 (-0.08%) ($476.0600 - $478.8100) on Tue. Dec. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.87% (three month average) |
RSI | 56 |
Latest Price | $476.8700(-0.08%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Growth stock 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%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.435% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.435% (StdDev 0.87%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
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