| SVXY latest price $65.4900 (-0.8%) ($65.6300 - $66.1900) on Fri. Dec. 20, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 63 |
Latest Price | $65.4900(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally 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 -0.795% 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 | -0.795% (StdDev 1.59%) |
Hourly BBV | 0.3 () |
Intraday Trend | -1% |
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