| SVXY latest price $234.6200 (-2.84%) ($224.2200 - $236.5400) on Mon. Jan. 30, 2017. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.84% (three month average) |
RSI | 79 |
Latest Price | $234.6200(-2.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 6% 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(54%) IWF(52%) IVE(51%) IVW(51%) IWD(51%) |
Factors Impacting SVXY price | SVXY will decline at least -1.42% in a week (0% probabilities). VIXM(-26%) TLT(-13%) UUP(-10%) SHY(-6%) IGOV(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.42% (StdDev 2.84%) |
Hourly BBV | 0 () |
Intraday Trend | -0.7% |
| |
|
|