| SVXY latest price $40.5500 (-0.25%) ($40.2000 - $40.7800) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.15% (three month average) |
RSI | 44 |
Latest Price | $40.5500(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.7% 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(74%) DIA(72%) IVE(71%) IWD(71%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.075% in a week (0% probabilities). VIXM(-63%) VXX(-22%) UUP(-16%) SHY(-5%) TLT(-2%) |
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 | -1.075% (StdDev 2.15%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.5% |
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