| SPY latest price $379.9800 (-0.53%) ($379.3300 - $385.0000) on Thu. Oct. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 62 |
Latest Price | $379.9800(-0.53%) |
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 2.7% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(96%) IWF(96%) IVE(92%) IWD(92%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.75% in a week (0% probabilities). TBT(-12%) VIXM(-11%) UUP(-11%) VXX(-3%) SHY(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 | -0.75% (StdDev 1.5%) |
Hourly BBV | -1.7 () |
Intraday Trend | -0.8% |
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