| SVXY latest price $34.9900 (0.55%) ($34.6060 - $35.0300) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 72 |
Latest Price | $34.9900(0.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(73%) DIA(70%) IVE(69%) IVW(69%) IWD(69%) |
Factors Impacting SVXY price | SVXY will decline at least -1.47% in a week (0% probabilities). VIXM(-66%) VXX(-25%) 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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.7% |
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