| SVXY latest price $52.7900 (2.76%) ($52.2300 - $52.8800) on Fri. Jun. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 64 |
Latest Price | $52.7900(2.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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(73%) IVE(72%) IWD(71%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.13% 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 | -1.13% (StdDev 2.26%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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