| SVXY latest price $51.1200 (1.27%) ($50.2000 - $51.4800) on Thu. Mar. 15, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.31% (three month average) |
RSI | 46 |
Latest Price | $51.1200(1.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.9% a week on average for past two weeks. |
Market Behavior | Normal 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(76%) IVW(74%) IWF(74%) IVE(72%) IWD(72%) |
Factors Impacting SVXY price | SVXY will decline at least -6.155% in a week (0% probabilities). VIXM(-20%) TLT(-18%) UUP(-14%) SHY(-6%) IGOV(-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 | -6.155% (StdDev 12.31%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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