| SVXY latest price $32.8500 (1.73%) ($32.2810 - $32.8700) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 70 |
Latest Price | $32.8500(1.73%) |
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 0.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(73%) DIA(70%) IVW(69%) IWF(69%) IVE(68%) |
Factors Impacting SVXY price | SVXY will decline at least -1.605% in a week (0% probabilities). VIXM(-67%) VXX(-26%) UUP(-18%) SHY(-5%) TLT(-4%) |
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 | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.9 () |
Intraday Trend | 1.3% |
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