| SVXY latest price $45.9600 (0.88%) ($43.8000 - $46.1000) on Wed. Apr. 4, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.25% (three month average) |
RSI | 38 |
Latest Price | $45.9600(0.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY declines -4.8% 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(76%) IVW(74%) IWF(74%) IWO(73%) IVE(72%) |
Factors Impacting SVXY price | SVXY will decline at least -6.125% in a week (0% probabilities). VIXM(-19%) TLT(-18%) UUP(-15%) SHY(-6%) IGOV(-3%) |
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 | -6.125% (StdDev 12.25%) |
Hourly BBV | 0 () |
Intraday Trend | 4.9% |
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