| SVXY latest price $45.5600 (1.54%) ($43.6500 - $45.7000) on Thu. Mar. 25, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 74 |
Latest Price | $45.5600(1.54%) |
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 3.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(72%) IVE(72%) IWD(71%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.275% in a week (0% probabilities). VIXM(-63%) VXX(-21%) UUP(-17%) SHY(-6%) 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 | -1.275% (StdDev 2.55%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1.7% |
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