| SPY latest price $410.5400 (-1.64%) ($409.5100 - $414.0400) on Fri. Jun. 3, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.66% (three month average) |
RSI | 55 |
Latest Price | $410.5400(-1.64%) |
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 | 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%) IVE(94%) IWD(94%) |
Factors Impacting SPY price | SPY will decline at least -0.83% in a week (0% probabilities). VIXM(-31%) UUP(-25%) TBT(-13%) VXX(-6%) UNG(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 | -0.83% (StdDev 1.66%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.5% |
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