| SPY latest price $434.5400 (0.52%) ($432.5300 - $437.2200) on Tue. Oct. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.72% (three month average) |
RSI | 42 |
Latest Price | $434.5400(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SPY declines -0.2% 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(99%) IWF(96%) VUG(96%) IVW(94%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.36% in a week (0% probabilities). VXX(-68%) VIXM(-60%) UUP(-33%) TBT(-32%) EDOC(-18%) |
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 | -0.36% (StdDev 0.72%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0.4% |
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