| SPY latest price $396.9600 (0.36%) ($392.4200 - $398.4850) on Thu. Jan. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.48% (three month average) |
RSI | 59 |
Latest Price | $396.9600(0.36%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.4% a week on average for past two weeks. |
Market Behavior | Value 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(95%) IWF(95%) VT(95%) VUG(94%) IVE(91%) |
Factors Impacting SPY price | SPY will decline at least -0.74% in a week (0% probabilities). VIXM(-62%) UUP(-28%) VXX(-25%) EDOC(-16%) TBT(-11%) |
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 | -0.74% (StdDev 1.48%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
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