| SVXY latest price $66.0500 (1.01%) ($65.2000 - $66.1100) on Wed. Feb. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.29% (three month average) |
RSI | 54 |
Latest Price | $66.0500(1.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.9% a week on average for past two weeks. |
Market Behavior | Value stock 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(77%) IVE(76%) VT(75%) IVW(74%) IWD(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.645% in a week (0% probabilities). VIXM(-87%) SHY(-29%) GLD(-26%) VXX(-22%) UUP(-11%) |
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 | -0.645% (StdDev 1.29%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.3% |
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