| SVXY latest price $94.9900 (0.37%) ($94.8600 - $95.5250) on Mon. Nov. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 88 |
Latest Price | $94.9900(0.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) XLV(59%) XLF(53%) SPLV(52%) EEM(50%) EWP(49%) |
Factors Impacting SVXY price | SVXY will decline at least -1% in a week (0% probabilities). VIXM(-88%) BNDX(-29%) TIP(-22%) BND(-21%) TLT(-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 | -1% (StdDev 2%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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