| SPY latest price $394.7700 (0.64%) ($391.0300 - $396.2600) on Wed. Jul. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.81% (three month average) |
RSI | 64 |
Latest Price | $394.7700(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.7% a week on average for past two weeks. |
Market Behavior | Growth stock 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%) IVE(94%) IWD(94%) DIA(93%) |
Factors Impacting SPY price | SPY will decline at least -0.905% in a week (0% probabilities). VIXM(-25%) UUP(-24%) TBT(-14%) VXX(-5%) UNG(10%) |
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 | -0.905% (StdDev 1.81%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.6% |
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