| SVXY latest price $51.9700 (2.87%) ($50.4450 - $52.0700) on Sat. May. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.04% (three month average) |
RSI | 59 |
Latest Price | $51.9700(2.87%) |
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 1% 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 -1.02% in a week (0% probabilities). (0%) (0%) (0%) (0%) (0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.02% (StdDev 2.04%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
| |
|
|