| SPY latest price $506.1300 (-0.16%) ($504.9700 - $506.8550) on Wed. Feb. 28, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.68% (three month average) |
RSI | 60 |
Latest Price | $506.1300(-0.16%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.4% 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 | Normal 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(95%) QQQ(94%) DIA(82%) SMH(79%) IWO(78%) |
Factors Impacting SPY price | SPY will decline at least -0.34% in a week (0% probabilities). VXX(-71%) VIXM(-50%) UUP(-26%) TLT(8%) GLD(9%) |
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 | -0.34% (StdDev 0.68%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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