| SVXY latest price $98.2300 (0.21%) ($98.0700 - $98.8800) on Fri. Dec. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 88 |
Latest Price | $98.2300(0.21%) |
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 2.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) EWI(71%) IVE(71%) DIA(64%) EWP(64%) XLV(63%) |
Factors Impacting SVXY price | SVXY will decline at least -0.99% in a week (0% probabilities). VIXM(-92%) BNDX(-31%) BND(-21%) TLT(-20%) TIP(-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 | 1.3 () |
Intraday Trend | -0.1% |
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