| SVXY latest price $60.2700 (1.21%) ($59.7700 - $60.7000) on Fri. Jan. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.21% (three month average) |
RSI | 72 |
Latest Price | $60.2700(1.21%) |
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 1.6% 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) SPY(73%) IVE(72%) IVW(70%) IWD(70%) DIA(68%) |
Factors Impacting SVXY price | SVXY will decline at least -0.605% in a week (0% probabilities). SHY(-27%) GLD(-19%) EDOC(-9%) XLP(-8%) TBT(-7%) |
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 | -0.605% (StdDev 1.21%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.2% |
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