| SPY latest price $475.6500 (0.42%) ($473.9900 - $476.5800) on Tue. Dec. 26, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.76% (three month average) |
RSI | 74 |
Latest Price | $475.6500(0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.5% 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) IVW(94%) QQQ(94%) DIA(85%) IWO(79%) SMH(77%) |
Factors Impacting SPY price | SPY will decline at least -0.38% in a week (0% probabilities). VXX(-69%) VIXM(-58%) UUP(-28%) TLT(22%) GLD(25%) |
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 | -0.38% (StdDev 0.76%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.3% |
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