| SVXY latest price $169.0200 (-0.24%) ($166.2800 - $169.7600) on Wed. Nov. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.07% (three month average) |
RSI | 88 |
Latest Price | $169.0200(-0.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 8.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(54%) IWF(52%) IVE(51%) IVW(51%) IWD(51%) |
Factors Impacting SVXY price | SVXY will decline at least -2.035% in a week (0% probabilities). VIXM(-26%) TLT(-13%) 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 | -2.035% (StdDev 4.07%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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