| SVXY latest price $101.5600 (-0.06%) ($101.2500 - $101.8000) on Mon. Dec. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.95% (three month average) |
RSI | 71 |
Latest Price | $101.5600(-0.06%) |
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 2.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) XLF(83%) EWY(80%) VFMO(79%) XLI(78%) XLK(78%) |
Factors Impacting SVXY price | SVXY will decline at least -0.975% in a week (0% probabilities). UUP(-12%) TLT(-11%) USO(-7%) TIP(-7%) ACES(5%) |
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 () |
Intraday Trend | -0.2% |
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