| SVXY latest price $65.9800 (-0.83%) ($65.1500 - $66.3600) on Fri. Feb. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 41 |
Latest Price | $65.9800(-0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.3% a day on average for past five trading days. |
Weekly Trend | SVXY declines -2.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IVW(73%) IWO(73%) IWF(72%) IWM(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.895% in a week (0% probabilities). VIXM(-75%) VXX(-36%) TLT(-14%) SHY(-11%) UUP(-6%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.6% |
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