| SVXY latest price $59.0200 (0.51%) ($58.8850 - $59.3800) on Thu. Dec. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.8% (three month average) |
RSI | 73 |
Latest Price | $59.0200(0.51%) |
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% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) DIA(73%) IVE(73%) IWF(73%) IVW(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.4% in a week (0% probabilities). VIXM(-52%) UUP(-17%) VXX(-11%) TBT(-7%) SHY(-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 | -1.4% (StdDev 2.8%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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