| SVXY latest price $49.9100 (-0.14%) ($49.6900 - $50.2100) on Tue. Apr. 13, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.46% (three month average) |
RSI | 82 |
Latest Price | $49.9100(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 4.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(73%) IVE(72%) IWD(72%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.23% in a week (0% probabilities). VIXM(-62%) VXX(-20%) UUP(-16%) SHY(-6%) TLT(-4%) |
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 | -1.23% (StdDev 2.46%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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