| SVXY latest price $149.5600 (3.53%) ($147.0100 - $150.1000) on Thu. Sep. 22, 2016. |
|
|
| Trend Analysis and Forecast |
| |
| Average Daily Percentage Swing | 5.06% (three month average) |
| RSI | 52 |
| Latest Price | $149.5600(3.53%) |
| Stocks Behave Similarly | Similar Stock List |
| Daily Trend | SVXY advances 3.1% a day on average for past five trading days. |
| Weekly Trend | SVXY declines -4.9% 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(54%) IVE(52%) IVW(52%) IWF(52%) IWD(51%) |
| Factors Impacting SVXY price | SVXY will decline at least -2.53% in a week (0% probabilities).
VIXM(-28%) TLT(-12%) UUP(-9%) SHY(-6%) IGOV(-2%) |
| Explanation | The rally is not sustainable and not supported by the broad market. |
| | |
| | |
| Relative Volatility | (options are extremely cheap) |
| | |
| Market Trend Strength | -2.53% (StdDev 5.06%) |
| Hourly BBV | 0 () |
| Intraday Trend | 0.6% |
| | |
| |
|