| SVXY latest price $55.6500 (2%) ($54.5100 - $55.7000) on Fri. Apr. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 87 |
Latest Price | $55.6500(2%) |
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 5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(73%) SPY(73%) DIA(72%) IWD(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.315% in a week (0% probabilities). VIXM(-42%) UUP(-14%) TBT(-13%) VXX(-5%) 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 | -1.315% (StdDev 2.63%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.9% |
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