| SVXY latest price $117.2800 (1.35%) ($115.0000 - $117.8800) on Wed. Nov. 25, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.47% (three month average) |
RSI | 46 |
Latest Price | $117.2800(1.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY declines -3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(57%) IVE(55%) IVW(54%) IWD(54%) IWF(54%) |
Factors Impacting SVXY price | SVXY will decline at least -2.735% in a week (0% probabilities). VIXM(-37%) TLT(-15%) UUP(-8%) SHY(-8%) GLD(-4%) |
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 | -2.735% (StdDev 5.47%) |
Hourly BBV | 0 () |
Intraday Trend | 1.2% |
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