| SVXY latest price $55.4400 (1.02%) ($54.8000 - $55.5600) on Mon. Jun. 11, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 56 |
Latest Price | $55.4400(1.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.1% in a week (0% probabilities). VXX(-31%) TLT(-18%) VIXM(-17%) UUP(-14%) IFRA(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
| |
|
|