| SVXY latest price $32.6400 (-1%) ($32.4600 - $33.5800) on Tue. Apr. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 55 |
Latest Price | $32.6400(-1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -1.1% 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%) DIA(72%) IVE(71%) IVW(70%) IWD(70%) |
Factors Impacting SVXY price | SVXY will decline at least -2.44% in a week (0% probabilities). VIXM(-71%) VXX(-29%) UUP(-19%) TLT(-8%) SHY(-5%) |
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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2.5% |
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