| SVXY latest price $52.3700 (2.45%) ($51.3400 - $52.4800) on Thu. May. 27, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.32% (three month average) |
RSI | 50 |
Latest Price | $52.3700(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.2% 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(73%) IVE(72%) IWD(71%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.16% in a week (0% probabilities). VIXM(-60%) VXX(-19%) UUP(-15%) SHY(-7%) TLT(-5%) |
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 | -1.16% (StdDev 2.32%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.9% |
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