| SVXY latest price $92.5100 (0.31%) ($91.2710 - $93.2500) on Mon. Sep. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 76 |
Latest Price | $92.5100(0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVW(75%) SPY(75%) IWF(73%) VUG(73%) IVE(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.705% in a week (0% probabilities). VIXM(-93%) USO(-31%) GLD(-28%) TBT(-19%) SLV(-14%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1% |
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