| SPY latest price $454.6100 (-0.07%) ($454.2000 - $458.3200) on Wed. Nov. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.8% (three month average) |
RSI | 80 |
Latest Price | $454.6100(-0.07%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) QQQ(92%) SMH(75%) TAN(50%) TLT(19%) UUP(-29%) |
Factors Impacting SPY price | SPY will decline at least -0.4% in a week (0% probabilities). IVE(74%) IVW(94%) IWN(66%) IWM(72%) IWO(77%) |
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 | -0.4% (StdDev 0.8%) |
Hourly BBV | -0.5 () |
Intraday Trend | -0.6% |
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