| SVXY latest price $320.8000 (2.82%) ($313.4000 - $321.3200) on Thu. Aug. 31, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.85% (three month average) |
RSI | 62 |
Latest Price | $320.8000(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IVE(52%) IVW(52%) IWF(52%) IWD(51%) |
Factors Impacting SVXY price | SVXY will decline at least -1.925% in a week (0% probabilities). VIXM(-22%) TLT(-12%) UUP(-11%) SHY(-5%) IGOV(-1%) |
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 | -1.925% (StdDev 3.85%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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