| SVXY latest price $117.0000 (-3.94%) ($116.0600 - $123.5800) on Wed. Dec. 2, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.88% (three month average) |
RSI | 48 |
Latest Price | $117.0000(-3.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.6% a week on average for past two weeks. |
Market Behavior | Broad based 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) SPY(57%) IVE(55%) IVW(54%) IWD(54%) IWF(54%) |
Factors Impacting SVXY price | SVXY will decline at least -2.44% in a week (0% probabilities). VIXM(-36%) 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 | -2.44% (StdDev 4.88%) |
Hourly BBV | 0 () |
Intraday Trend | -3.6% |
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