| SVXY latest price $68.4700 (0.44%) ($67.9300 - $68.8900) on Tue. Jan. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.33% (three month average) |
RSI | 63 |
Latest Price | $68.4700(0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.8% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off 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 -0.665% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.665% (StdDev 1.33%) |
Hourly BBV | 1 () |
Intraday Trend | 0.2% |
| |
|
|