| SVXY latest price $50.7800 (0.65%) ($50.3700 - $51.0600) on Mon. Jun. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 56 |
Latest Price | $50.7800(0.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(71%) SPY(70%) IWD(69%) DIA(68%) IWF(67%) |
Factors Impacting SVXY price | SVXY will decline at least -1.335% in a week (0% probabilities). VIXM(-29%) TBT(-12%) UUP(-10%) SHY(-6%) VXX(-2%) |
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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.3% |
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