| SVXY latest price $122.2400 (-0.49%) ($120.6200 - $122.8400) on Mon. Feb. 23, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.42% (three month average) |
RSI | 73 |
Latest Price | $122.2400(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(59%) IVE(57%) VT(57%) IWM(55%) QQQ(55%) |
Factors Impacting SVXY price | SVXY will decline at least -2.21% in a week (0% probabilities). VIXM(-43%) TLT(-16%) SHY(-9%) IGOV(-5%) UUP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.21% (StdDev 4.42%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|