| SVXY latest price $334.2000 (3.08%) ($326.7000 - $335.6000) on Wed. Jun. 28, 2017. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.45% (three month average) |
RSI | 61 |
Latest Price | $334.2000(3.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.5% 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%) IVW(52%) IWF(52%) IVE(51%) IWD(51%) |
Factors Impacting SVXY price | SVXY will decline at least -1.725% in a week (0% probabilities). VIXM(-24%) TLT(-12%) UUP(-10%) SHY(-5%) IPO(-1%) |
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 | -1.725% (StdDev 3.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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