| SVXY latest price $148.2600 (-0.87%) ($147.5000 - $150.2200) on Fri. Sep. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.93% (three month average) |
RSI | 48 |
Latest Price | $148.2600(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -2.5% 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%) IVW(52%) IWF(52%) IVE(51%) IWD(51%) |
Factors Impacting SVXY price | SVXY will decline at least -2.465% in a week (0% probabilities). VIXM(-28%) TLT(-12%) UUP(-9%) SHY(-6%) IGOV(-2%) |
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 | -2.465% (StdDev 4.93%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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