| SPY latest price $401.2700 (1.43%) ($398.6800 - $401.6000) on Wed. Mar. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.05% (three month average) |
RSI | 58 |
Latest Price | $401.2700(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SPY advances 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(91%) |
Factors Impacting SPY price | SPY will decline at least -0.525% in a week (0% probabilities). VXX(-72%) VIXM(-62%) UUP(-27%) TBT(-17%) SHY(-10%) |
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 | -0.525% (StdDev 1.05%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.4% |
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