| SPY latest price $512.3400 (-0.09%) ($512.0000 - $514.1900) on Mon. Mar. 4, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.68% (three month average) |
RSI | 62 |
Latest Price | $512.3400(-0.09%) |
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% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(94%) QQQ(93%) DIA(81%) IWO(77%) SMH(74%) |
Factors Impacting SPY price | SPY will decline at least -0.34% in a week (0% probabilities). VXX(-75%) VIXM(-57%) UUP(-29%) TLT(6%) GLD(13%) |
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 | 1.1 () |
Intraday Trend | 0% |
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