| SVXY latest price $55.8800 (0.65%) ($55.1600 - $56.1600) on Wed. Jul. 18, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 88 |
Latest Price | $55.8800(0.65%) |
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 4.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -0.93% in a week (0% probabilities). VXX(-31%) TLT(-18%) VIXM(-17%) UUP(-14%) IFRA(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
| |
|
|