| SPY latest price $473.8800 (-0.15%) ($471.3500 - $474.9300) on Tue. Jan. 9, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.75% (three month average) |
RSI | 53 |
Latest Price | $473.8800(-0.15%) |
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 declines -0.2% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(94%) QQQ(94%) DIA(84%) IWO(78%) SMH(76%) |
Factors Impacting SPY price | SPY will decline at least -0.375% in a week (0% probabilities). VXX(-69%) VIXM(-57%) UUP(-40%) GLD(21%) TLT(23%) |
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 | -0.375% (StdDev 0.75%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.4% |
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