| SPY latest price $449.1600 (1.45%) ($442.4600 - $449.4500) on Tue. Aug. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 52 |
Latest Price | $449.1600(1.45%) |
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 declines -0.3% 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) VT(96%) IWF(95%) VUG(95%) IVW(94%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.345% in a week (0% probabilities). VXX(-71%) VIXM(-63%) TBT(-33%) UUP(-32%) USO(-3%) |
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 | -0.345% (StdDev 0.69%) |
Hourly BBV | 1.7 () |
Intraday Trend | 1.5% |
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