| SPY latest price $518.8100 (-0.18%) ($518.4000 - $521.5800) on Tue. Mar. 26, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 0.68% (three month average) |
RSI | 63 |
Latest Price | $518.8100(-0.18%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(92%) QQQ(92%) IWO(87%) IWM(81%) XBI(81%) |
Factors Impacting SPY price | SPY will decline at least -0.34% in a week (0% probabilities). VXX(-77%) VIXM(-62%) UUP(-27%) TLT(13%) GLD(14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.34% (StdDev 0.68%) |
Hourly BBV | -1.5 () |
Intraday Trend | -0.5% |
| |
|
|