| SVXY latest price $56.1200 (1.72%) ($55.0200 - $56.1300) on Fri. Apr. 26, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 69 |
Latest Price | $56.1200(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.2% 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(75%) IVW(73%) IWF(73%) DIA(72%) IWM(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.7% in a week (0% probabilities). VXX(-29%) TLT(-17%) UUP(-16%) VIXM(-9%) SHY(-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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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