| SPY latest price $428.0300 (0.22%) ($425.9900 - $428.5770) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.92% (three month average) |
RSI | 71 |
Latest Price | $428.0300(0.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SPY advances 1% 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%) VT(95%) IWF(94%) VUG(94%) QQQ(92%) |
Factors Impacting SPY price | SPY will decline at least -0.46% in a week (0% probabilities). VXX(-69%) VIXM(-62%) UUP(-33%) TBT(-31%) EDOC(-2%) |
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 | -0.46% (StdDev 0.92%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0.3% |
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