| SVXY latest price $52.5800 (-0.57%) ($52.3200 - $53.2450) on Wed. Jun. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 78 |
Latest Price | $52.5800(-0.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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(71%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.12% 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | -2 () |
Intraday Trend | -1.2% |
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