| SPY latest price $395.7500 (0.66%) ($389.4000 - $395.8400) on Fri. Mar. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.08% (three month average) |
RSI | 42 |
Latest Price | $395.7500(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based 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%) VT(95%) IWF(94%) VUG(93%) QQQ(90%) |
Factors Impacting SPY price | SPY will decline at least -0.54% in a week (0% probabilities). VXX(-73%) VIXM(-63%) UUP(-26%) SHY(-16%) TBT(-13%) |
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 | -0.54% (StdDev 1.08%) |
Hourly BBV | -0.2 () |
Intraday Trend | 1% |
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