| SVXY latest price $66.3200 (1.59%) ($65.5000 - $66.4200) on Fri. Mar. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 61 |
Latest Price | $66.3200(1.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(76%) IVE(75%) VT(74%) IVW(73%) IWD(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.735% in a week (0% probabilities). VIXM(-86%) SHY(-31%) GLD(-28%) VXX(-22%) EDOC(-20%) |
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 | -0.735% (StdDev 1.47%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1% |
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