| SVXY latest price $48.5000 (1.72%) ($47.6800 - $48.9800) on Tue. Mar. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.59% (three month average) |
RSI | 43 |
Latest Price | $48.5000(1.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -2.5% 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(74%) IVE(73%) DIA(72%) IWD(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.295% in a week (0% probabilities). VIXM(-44%) UUP(-16%) TBT(-13%) VXX(-6%) SHY(-4%) |
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 | -1.295% (StdDev 2.59%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.7% |
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