| SVXY latest price $65.1600 (-0.55%) ($65.1600 - $65.9700) on Wed. Dec. 18, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.62% (three month average) |
RSI | 53 |
Latest Price | $65.1600(-0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -0.81% 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 | -0.81% (StdDev 1.62%) |
Hourly BBV | -1.3 () |
Intraday Trend | -1.2% |
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