| SVXY latest price $54.5700 (-0.47%) ($53.9900 - $54.9400) on Mon. Jun. 14, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.26% (three month average) |
RSI | 73 |
Latest Price | $54.5700(-0.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.7% 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%) 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 | 0.1 () |
Intraday Trend | -0.5% |
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