| SVXY latest price $60.1800 (0.67%) ($59.4300 - $60.2300) on Thu. Nov. 14, 2019. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 1.75% (three month average) |
| RSI | 70 |
| Latest Price | $60.1800(0.67%) |
| 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 1.7% a week on average for past two weeks. |
| Market Behavior | Normal 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 -0.875% in a week (0% probabilities).
VIXM(-76%) VXX(-36%) TLT(-15%) UUP(-6%) IGOV(-1%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -0.875% (StdDev 1.75%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.7% |
| | |
| |
|