| SPY latest price $490.8900 (-0.08%) ($490.1100 - $491.6200) on Tue. Jan. 30, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.63% (three month average) |
RSI | 79 |
Latest Price | $490.8900(-0.08%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value 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(77%) SMH(75%) |
Factors Impacting SPY price | SPY will decline at least -0.315% 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 | -0.315% (StdDev 0.63%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.1% |
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