| SVXY latest price $108.6000 (6.2%) ($103.4000 - $109.7600) on Mon. May. 2, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.6% (three month average) |
RSI | 68 |
Latest Price | $108.6000(6.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.4% 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(55%) IVE(53%) IVW(52%) IWD(52%) IWF(52%) |
Factors Impacting SVXY price | SVXY will decline at least -1.8% in a week (0% probabilities). VIXM(-32%) TLT(-13%) UUP(-11%) SHY(-6%) IPO(-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 | -1.8% (StdDev 3.6%) |
Hourly BBV | 0 () |
Intraday Trend | 4% |
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