| SVXY latest price $98.0500 (0.66%) ($97.2000 - $98.3200) on Tue. Nov. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 80 |
Latest Price | $98.0500(0.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(83%) XLV(63%) IVE(62%) EWI(60%) EWP(60%) |
Factors Impacting SVXY price | SVXY will decline at least -0.99% in a week (0% probabilities). VIXM(-92%) BNDX(-31%) BND(-21%) TIP(-20%) TLT(-19%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.4% |
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