| SVXY latest price $103.2100 (0.12%) ($101.6800 - $103.5990) on Thu. Dec. 14, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 84 |
Latest Price | $103.2100(0.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(92%) DIA(79%) EWI(76%) XLF(75%) EWY(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.98% in a week (0% probabilities). BNDX(-27%) IGOV(-15%) UUP(-9%) TIP(-9%) BND(-9%) |
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 | 1.2 () |
Intraday Trend | -0.3% |
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