| SVXY latest price $53.5500 (0.64%) ($53.3300 - $53.7100) on Mon. Jun. 24, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 79 |
Latest Price | $53.5500(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% 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 | 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(75%) IVW(73%) IWF(73%) DIA(72%) FIVG(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.99% in a week (0% probabilities). VIXM(-77%) VXX(-38%) TLT(-16%) UUP(-5%) IFRA(-4%) |
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 | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | 0.2% |
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