| SPY latest price $443.2800 (1.18%) ($441.1100 - $444.3000) on Fri. Jun. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.77% (three month average) |
RSI | 68 |
Latest Price | $443.2800(1.18%) |
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 0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock 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 -0.385% in a week (0% probabilities). VXX(-71%) VIXM(-62%) TBT(-33%) UUP(-32%) EDOC(-6%) |
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 | -0.385% (StdDev 0.77%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.4% |
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