| SVXY latest price $64.4900 (1.19%) ($63.7700 - $64.7700) on Tue. Feb. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 45 |
Latest Price | $64.4900(1.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(76%) IVE(75%) VT(75%) IVW(73%) IWD(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.725% in a week (0% probabilities). VIXM(-87%) SHY(-30%) GLD(-27%) VXX(-22%) EDOC(-17%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0.9% |
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