| SVXY latest price $58.2100 (1.5%) ($57.1700 - $58.3800) on Fri. Dec. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.32% (three month average) |
RSI | 51 |
Latest Price | $58.2100(1.5%) |
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 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(72%) SPY(72%) IVW(70%) IWD(70%) DIA(68%) |
Factors Impacting SVXY price | SVXY will decline at least -0.66% in a week (0% probabilities). SHY(-25%) GLD(-16%) TBT(-6%) BNDX(-6%) XLP(-5%) |
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 | -0.66% (StdDev 1.32%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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