| SVXY latest price $50.7600 (2.01%) ($49.6800 - $50.8050) on Tue. Oct. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 49 |
Latest Price | $50.7600(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.9% 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(69%) IWD(66%) SPY(66%) DIA(64%) PAVE(63%) |
Factors Impacting SVXY price | SVXY will decline at least -0.795% in a week (0% probabilities). SHY(-21%) GLD(-11%) VIXM(-10%) TBT(-9%) BNDX(-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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.1% |
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