| SVXY latest price $82.8200 (-0.34%) ($81.0200 - $84.7000) on Mon. Mar. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.91% (three month average) |
RSI | 76 |
Latest Price | $82.8200(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 7.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(55%) IVE(53%) IWD(53%) IWF(53%) IWM(53%) |
Factors Impacting SVXY price | SVXY will decline at least -2.455% in a week (0% probabilities). VIXM(-33%) TLT(-14%) UUP(-11%) SHY(-7%) IPO(-2%) |
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 | -2.455% (StdDev 4.91%) |
Hourly BBV | 0 () |
Intraday Trend | 1.8% |
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