| SVXY latest price $50.2000 (3.21%) ($49.0000 - $50.5200) on Tue. Apr. 17, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.18% (three month average) |
RSI | 65 |
Latest Price | $50.2000(3.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.8% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.5% 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%) IVE(72%) IWM(72%) |
Factors Impacting SVXY price | SVXY will decline at least -6.09% in a week (0% probabilities). VIXM(-18%) TLT(-18%) UUP(-14%) SHY(-6%) DRIV(-6%) |
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 | -6.09% (StdDev 12.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
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