| SVXY latest price $52.9800 (0.63%) ($52.4900 - $53.2000) on Wed. May. 22, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.12% (three month average) |
RSI | 46 |
Latest Price | $52.9800(0.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(76%) IVW(73%) IWF(73%) DIA(72%) FIVG(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.06% in a week (0% probabilities). VXX(-38%) TLT(-17%) UUP(-5%) SHY(-3%) IGOV(-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 | -1.06% (StdDev 2.12%) |
Hourly BBV | 0 () |
Intraday Trend | 0.8% |
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