| SVXY latest price $54.2000 (0.44%) ($53.5200 - $54.2600) on Tue. Jun. 5, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.27% (three month average) |
RSI | 61 |
Latest Price | $54.2000(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.3% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(76%) IVW(74%) IWF(74%) IWO(73%) IVE(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.135% in a week (0% probabilities). VXX(-31%) VIXM(-18%) TLT(-18%) UUP(-14%) SHY(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.135% (StdDev 2.27%) |
Hourly BBV | 0 () |
Intraday Trend | 0.6% |
| |
|
|