| SVXY latest price $49.9600 (2.55%) ($49.4200 - $50.3100) on Tue. May. 14, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 35 |
Latest Price | $49.9600(2.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IVW(73%) IWF(73%) DIA(72%) FIVG(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.055% in a week (0% probabilities). VXX(-38%) TLT(-17%) VIXM(-9%) UUP(-5%) SHY(-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 | -1.055% (StdDev 2.11%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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