| SVXY latest price $64.7200 (-1.36%) ($64.1000 - $65.0100) on Mon. Jan. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.25% (three month average) |
RSI | 75 |
Latest Price | $64.7200(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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(70%) |
Factors Impacting SVXY price | SVXY will decline at least -0.625% 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 | -0.625% (StdDev 1.25%) |
Hourly BBV | -0.8 () |
Intraday Trend | -0.1% |
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