| SPY latest price $470.4400 (1.37%) ($464.1200 - $470.7600) on Wed. Dec. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.82% (three month average) |
RSI | 78 |
Latest Price | $470.4400(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.9% 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) JNK(97%) PAVE(95%) IVW(94%) IYT(93%) QQQ(93%) |
Factors Impacting SPY price | SPY will decline at least -0.41% in a week (0% probabilities). VXX(-68%) VIXM(-58%) UUP(-30%) BNDX(-11%) IGOV(-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 | -0.41% (StdDev 0.82%) |
Hourly BBV | 2.7 () |
Intraday Trend | 1.3% |
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