| SPY latest price $509.7500 (0.52%) ($508.4200 - $512.0690) on Wed. Mar. 6, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.7% (three month average) |
RSI | 65 |
Latest Price | $509.7500(0.52%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY advances 1.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -0.35% 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 | -0.35% (StdDev 0.7%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.2% |
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