| SVXY latest price $30.1300 (-3.8%) ($29.4000 - $31.0600) on Wed. Mar. 25, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.65% (three month average) |
RSI | 29 |
Latest Price | $30.1300(-3.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.7% a day on average for past five trading days. |
Weekly Trend | SVXY declines -15.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(72%) IVW(70%) IWF(70%) IWM(70%) IWO(70%) |
Factors Impacting SVXY price | SVXY will decline at least -2.325% in a week (0% probabilities). VIXM(-73%) VXX(-32%) UUP(-11%) TLT(-9%) SHY(-6%) |
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 | -2.325% (StdDev 4.65%) |
Hourly BBV | -0.2 () |
Intraday Trend | -2.7% |
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