| SPY latest price $398.9200 (0.16%) ($396.5900 - $399.7100) on Wed. Mar. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.07% (three month average) |
RSI | 31 |
Latest Price | $398.9200(0.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal 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%) IVE(90%) |
Factors Impacting SPY price | SPY will decline at least -0.535% in a week (0% probabilities). VIXM(-61%) VXX(-26%) UUP(-24%) SHY(-18%) 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 () |
Intraday Trend | 0.1% |
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