| SVXY latest price $64.5800 (-0.03%) ($62.5800 - $64.7100) on Wed. Jan. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 76 |
Latest Price | $64.5800(-0.03%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IVE(74%) VT(74%) IVW(72%) IWD(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.62% in a week (0% probabilities). VIXM(-87%) SHY(-28%) GLD(-23%) VXX(-22%) UUP(-13%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 1.5 () |
Intraday Trend | 1.5% |
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