| SVXY latest price $128.5600 (-3.76%) ($124.4000 - $132.9600) on Tue. Aug. 2, 2016. |
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| Trend Analysis and Forecast |
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| Average Daily Percentage Swing | 5% (three month average) |
| RSI | 74 |
| Latest Price | $128.5600(-3.76%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SVXY advances 1% a day on average for past five trading days. |
| Weekly Trend | SVXY advances 5.6% a week on average for past two weeks. |
| Market Behavior | Broad based sell-off 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(54%) IVE(52%) IVW(52%) IWF(52%) IWM(52%) |
| Factors Impacting SVXY price | SVXY will decline at least -2.5% in a week (0% probabilities).
VIXM(-28%) TLT(-11%) UUP(-9%) SHY(-5%) IPO(-5%) |
| 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 | -2.5% (StdDev 5%) |
| Hourly BBV | 0 () |
| Intraday Trend | -2.7% |
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