| SVXY latest price $68.0150 (0.64%) ($67.2000 - $68.2900) on Fri. Apr. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 80 |
Latest Price | $68.0150(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(73%) IVE(71%) IVW(71%) VT(71%) IWF(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.015% 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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0.2% |
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