| SPY latest price $512.8600 (0.59%) ($512.4400 - $515.4800) on Mon. Mar. 18, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.71% (three month average) |
RSI | 58 |
Latest Price | $512.8600(0.59%) |
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 0.5% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(93%) QQQ(92%) DIA(81%) IWO(80%) SMH(73%) |
Factors Impacting SPY price | SPY will decline at least -0.355% in a week (0% probabilities). VXX(-78%) VIXM(-61%) UUP(-26%) GLD(8%) TLT(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 | -0.355% (StdDev 0.71%) |
Hourly BBV | 0.5 () |
Intraday Trend | -0.2% |
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