| SVXY latest price $100.8900 (1.33%) ($99.7500 - $100.9400) on Mon. Dec. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 83 |
Latest Price | $100.8900(1.33%) |
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 1.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) QQQ(95%) IVE(89%) DIA(78%) EWI(76%) XLF(75%) |
Factors Impacting SVXY price | SVXY will decline at least -0.98% in a week (0% probabilities). BNDX(-27%) IGOV(-13%) BND(-7%) SHY(-4%) VIXM(-96%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.1% |
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