| SVXY latest price $68.2600 (-0.01%) ($67.8400 - $68.6650) on Wed. Apr. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.05% (three month average) |
RSI | 86 |
Latest Price | $68.2600(-0.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3% 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(73%) VT(72%) IVE(71%) IVW(71%) IWF(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.025% in a week (0% probabilities). VIXM(-90%) UUP(-15%) GLD(-14%) TBT(-13%) SHY(-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 | -1.025% (StdDev 2.05%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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