| SPY latest price $436.3200 (0.41%) ($433.1800 - $436.5800) on Wed. Oct. 11, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.71% (three month average) |
RSI | 55 |
Latest Price | $436.3200(0.41%) |
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 sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) VT(98%) IWF(95%) VUG(95%) IVW(94%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.355% in a week (0% probabilities). VXX(-68%) VIXM(-60%) UUP(-32%) TBT(-32%) USO(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.355% (StdDev 0.71%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.1% |
| |
|
|