| SVXY latest price $54.4000 (-0.66%) ($54.1600 - $55.2900) on Wed. Sep. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.23% (three month average) |
RSI | 42 |
Latest Price | $54.4000(-0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(72%) IVE(72%) IWF(72%) IVW(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.115% in a week (0% probabilities). VIXM(-58%) VXX(-16%) UUP(-14%) SHY(-7%) IGOV(-6%) |
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 | -1.115% (StdDev 2.23%) |
Hourly BBV | -0.5 () |
Intraday Trend | -1% |
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