| SVXY latest price $58.9100 (0.51%) ($58.6700 - $59.2600) on Thu. Nov. 7, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 73 |
Latest Price | $58.9100(0.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.1% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IVW(72%) IWF(72%) IWM(72%) IWO(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.055% in a week (0% probabilities). VIXM(-76%) VXX(-36%) TLT(-14%) UUP(-6%) 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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | -0.5% |
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