| SAVA latest price $21.5500 (8.24%) ($21.5500 - $22.0050) on Wed. Nov. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.9% (three month average) |
RSI | 59 |
Latest Price | $21.5500(8.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SAVA advances 3.1% a day on average for past five trading days. |
Weekly Trend | SAVA advances 20.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SAVA advance at 0% a week (0% probability) XLU(34%) ACES(26%) IFRA(21%) SPLV(21%) VIXM(21%) |
Factors Impacting SAVA price | SAVA will decline at least -2.95% in a week (0% probabilities). XLC(-40%) IVW(-31%) SMH(-29%) QQQ(-28%) GLD(-26%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.95% (StdDev 5.9%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|