| SVXY latest price $73.1400 (-5.01%) ($72.8000 - $76.5400) on Tue. Feb. 23, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.03% (three month average) |
RSI | 48 |
Latest Price | $73.1400(-5.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.2% 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(55%) IVE(53%) IVW(53%) IWD(53%) IWF(53%) |
Factors Impacting SVXY price | SVXY will decline at least -2.515% in a week (0% probabilities). VIXM(-33%) TLT(-14%) UUP(-11%) SHY(-7%) GLD(-3%) |
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 | -2.515% (StdDev 5.03%) |
Hourly BBV | 0 () |
Intraday Trend | -3.8% |
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