| SVXY latest price $106.8000 (1.91%) ($105.5400 - $107.3000) on Tue. Dec. 29, 2015. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.96% (three month average) |
RSI | 47 |
Latest Price | $106.8000(1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.5% 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(56%) IVE(54%) IVW(54%) IWD(54%) IWF(54%) |
Factors Impacting SVXY price | SVXY will decline at least -2.48% in a week (0% probabilities). VIXM(-35%) TLT(-15%) UUP(-10%) SHY(-7%) 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 | -2.48% (StdDev 4.96%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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