| SVXY latest price $64.6000 (2.23%) ($62.6600 - $64.6400) on Fri. Dec. 13, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 58 |
Latest Price | $64.6000(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(72%) IWF(72%) IWM(72%) IWO(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.815% in a week (0% probabilities). VIXM(-76%) VXX(-36%) TLT(-14%) UUP(-6%) IGOV(-1%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2.6% |
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