| SVXY latest price $54.8100 (3.49%) ($52.8400 - $54.9320) on Wed. Apr. 13, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 54 |
Latest Price | $54.8100(3.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY declines -1.1% 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) IVE(73%) SPY(73%) IWD(72%) DIA(71%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.35% in a week (0% probabilities). VIXM(-42%) UUP(-14%) TBT(-13%) VXX(-5%) 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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 1.9 () |
Intraday Trend | 3.6% |
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