| SPY latest price $444.7600 (-0.06%) ($443.4800 - $447.5700) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 36 |
Latest Price | $444.7600(-0.06%) |
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 -1.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock 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 -0.665% in a week (0% probabilities). VIXM(-39%) UUP(-26%) TBT(-11%) VXX(-8%) TLT(9%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.5% |
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