| SVXY latest price $60.9100 (-2.98%) ($60.5700 - $63.1900) on Thu. Jan. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.72% (three month average) |
RSI | 62 |
Latest Price | $60.9100(-2.98%) |
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 1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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(75%) DIA(73%) IVE(73%) IWF(73%) IVW(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.36% in a week (0% probabilities). VIXM(-51%) UUP(-17%) VXX(-11%) TBT(-8%) SHY(-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 | -1.36% (StdDev 2.72%) |
Hourly BBV | -1.9 () |
Intraday Trend | -3.2% |
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