| SVXY latest price $49.5800 (2.02%) ($49.0600 - $49.6500) on Fri. May. 27, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 69 |
Latest Price | $49.5800(2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.9% 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(71%) IWD(70%) SPY(70%) DIA(68%) IWF(67%) |
Factors Impacting SVXY price | SVXY will decline at least -1.405% in a week (0% probabilities). VIXM(-31%) UUP(-11%) TBT(-10%) SHY(-6%) VXX(-3%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.7% |
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