| SVXY latest price $86.4200 (-1.41%) ($84.6400 - $86.5600) on Tue. Mar. 15, 2016. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.48% (three month average) |
RSI | 73 |
Latest Price | $86.4200(-1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 5.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(55%) IVE(53%) IWM(53%) IWO(53%) IVW(52%) |
Factors Impacting SVXY price | SVXY will decline at least -2.24% in a week (0% probabilities). VIXM(-33%) TLT(-13%) UUP(-11%) SHY(-7%) IPO(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.24% (StdDev 4.48%) |
Hourly BBV | 0 () |
Intraday Trend | 1.7% |
| |
|
|