| SVXY latest price $56.2000 (-2.5%) ($55.5600 - $56.8000) on Fri. Aug. 10, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.8% (three month average) |
RSI | 57 |
Latest Price | $56.2000(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock 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%) IWO(73%) IVE(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.9% in a week (0% probabilities). VXX(-31%) TLT(-18%) VIXM(-16%) UUP(-15%) SHY(-5%) |
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 | -0.9% (StdDev 1.8%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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