| SPY latest price $512.8200 (0.92%) ($508.5700 - $513.2500) on Fri. Mar. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.69% (three month average) |
RSI | 62 |
Latest Price | $512.8200(0.92%) |
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 0.9% 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(82%) SMH(79%) IWO(77%) |
Factors Impacting SPY price | SPY will decline at least -0.345% in a week (0% probabilities). VXX(-71%) VIXM(-49%) UUP(-28%) TLT(8%) GLD(10%) |
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 | -0.345% (StdDev 0.69%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
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