| SVXY latest price $69.4700 (1.24%) ($69.0600 - $69.5000) on Thu. Jan. 16, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 64 |
Latest Price | $69.4700(1.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% 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(75%) IVW(73%) IWO(73%) DIA(72%) IWF(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.665% in a week (0% probabilities). VIXM(-75%) VXX(-36%) TLT(-14%) UUP(-6%) SHY(0%) |
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 | -0.665% (StdDev 1.33%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0.6% |
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