| SPY latest price $393.1000 (-4.35%) ($391.9200 - $403.1000) on Tue. Sep. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 37 |
Latest Price | $393.1000(-4.35%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.9% 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%) IVE(94%) IWD(93%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.71% in a week (0% probabilities). UUP(-22%) VIXM(-20%) TBT(-15%) VXX(-5%) EDOC(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 | -0.71% (StdDev 1.42%) |
Hourly BBV | -2 () |
Intraday Trend | -2.1% |
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