| SPY latest price $491.2700 (0.79%) ($487.1700 - $491.4150) on Mon. Jan. 29, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.64% (three month average) |
RSI | 78 |
Latest Price | $491.2700(0.79%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.3% 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(84%) IWO(77%) SMH(75%) |
Factors Impacting SPY price | SPY will decline at least -0.32% in a week (0% probabilities). VXX(-68%) VIXM(-55%) UUP(-37%) GLD(20%) TLT(22%) |
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 | -0.32% (StdDev 0.64%) |
Hourly BBV | 3 () |
Intraday Trend | 0.7% |
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