| SVXY latest price $57.4800 (1.05%) ($56.6300 - $57.8010) on Thu. Aug. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 69 |
Latest Price | $57.4800(1.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(73%) IVE(72%) IWF(72%) IVW(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.06% in a week (0% probabilities). VIXM(-58%) VXX(-17%) UUP(-14%) SHY(-7%) TLT(-2%) |
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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.3% |
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