| SVXY latest price $48.7700 (1.16%) ($47.5000 - $48.8900) on Fri. Jul. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.76% (three month average) |
RSI | 50 |
Latest Price | $48.7700(1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.1% 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(70%) IWD(68%) SPY(68%) DIA(66%) IWF(65%) |
Factors Impacting SVXY price | SVXY will decline at least -1.38% in a week (0% probabilities). VIXM(-22%) TBT(-11%) SHY(-11%) UUP(-8%) VXX(-1%) |
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 | -1.38% (StdDev 2.76%) |
Hourly BBV | 2 () |
Intraday Trend | 1.7% |
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