| SVXY latest price $65.6100 (0.94%) ($64.9500 - $66.1900) on Fri. Jan. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.23% (three month average) |
RSI | 78 |
Latest Price | $65.6100(0.94%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally 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 -0.615% 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 | -0.615% (StdDev 1.23%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0.9% |
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