| SVXY latest price $35.7200 (1.62%) ($35.4100 - $35.8400) on Wed. Oct. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.73% (three month average) |
RSI | 46 |
Latest Price | $35.7200(1.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(71%) IVE(70%) IVW(70%) IWD(70%) |
Factors Impacting SVXY price | SVXY will decline at least -0.865% in a week (0% probabilities). VIXM(-66%) VXX(-25%) UUP(-17%) EDOC(-8%) IGOV(-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 | -0.865% (StdDev 1.73%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.6% |
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