| SVXY latest price $101.6200 (-1.54%) ($101.3600 - $103.2700) on Fri. Dec. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 74 |
Latest Price | $101.6200(-1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) DIA(87%) XLF(79%) EWI(77%) EWY(76%) VFMO(75%) |
Factors Impacting SVXY price | SVXY will decline at least -0.975% in a week (0% probabilities). TLT(-14%) BND(-11%) BNDX(-29%) IGOV(-15%) TIP(-11%) |
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 | -0.975% (StdDev 1.95%) |
Hourly BBV | -1.4 () |
Intraday Trend | -1.2% |
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