| SPY latest price $398.2700 (-1.53%) ($397.6250 - $404.6700) on Tue. Mar. 7, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 32 |
Latest Price | $398.2700(-1.53%) |
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(95%) VT(95%) IWF(94%) VUG(93%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -0.535% in a week (0% probabilities). VIXM(-61%) VXX(-26%) UUP(-25%) SHY(-19%) TBT(-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 | -0.535% (StdDev 1.07%) |
Hourly BBV | -1.6 () |
Intraday Trend | -1.5% |
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