| SVXY latest price $66.0800 (0.98%) ($65.5000 - $66.9300) on Wed. Jan. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 53 |
Latest Price | $66.0800(0.98%) |
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 0.2% 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(73%) IWO(73%) DIA(72%) IWF(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.695% in a week (0% probabilities). VIXM(-75%) VXX(-36%) TLT(-14%) UUP(-6%) SHY(0%) |
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 | -0.695% (StdDev 1.39%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0.7% |
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