| SVXY latest price $131.8600 (2.57%) ($127.0000 - $131.8800) on Wed. Aug. 3, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 76 |
Latest Price | $131.8600(2.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 5.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(54%) IVE(52%) IVW(52%) IWF(52%) IWM(52%) |
Factors Impacting SVXY price | SVXY will decline at least -2.485% in a week (0% probabilities). VIXM(-28%) TLT(-11%) UUP(-9%) SHY(-5%) IPO(-5%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 0 () |
Intraday Trend | 2.8% |
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