| SVXY latest price $118.8200 (9.61%) ($111.0200 - $118.8600) on Fri. Dec. 4, 2015. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.02% (three month average) |
RSI | 65 |
Latest Price | $118.8200(9.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally 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 -2.51% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.51% (StdDev 5.02%) |
Hourly BBV | 0 () |
Intraday Trend | 6.2% |
| |
|
|