| SVXY latest price $35.1500 (3.14%) ($34.1000 - $35.1800) on Fri. Sep. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.87% (three month average) |
RSI | 43 |
Latest Price | $35.1500(3.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -2.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off 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 -0.935% in a week (0% probabilities). VIXM(-66%) VXX(-25%) UUP(-18%) IGOV(-6%) EDOC(-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 | -0.935% (StdDev 1.87%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.6% |
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