| SVXY latest price $38.1300 (3.45%) ($37.0200 - $38.1300) on Sat. Nov. 7, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 55 |
Latest Price | $38.1300(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.5% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) (0%) (0%) (0%) (0%) (0%) |
Factors Impacting SVXY price | SVXY will decline at least -1.055% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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