| SVXY latest price $67.6600 (0.83%) ($67.4450 - $68.0000) on Wed. Feb. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.82% (three month average) |
RSI | 59 |
Latest Price | $67.6600(0.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IWO(73%) IVW(72%) IWF(72%) IWM(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.91% in a week (0% probabilities). VIXM(-75%) VXX(-35%) TLT(-14%) SHY(-10%) UUP(-7%) |
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 | -0.91% (StdDev 1.82%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.1% |
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