| SVXY latest price $31.3500 (4.05%) ($30.3500 - $31.5900) on Thu. Mar. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.7% (three month average) |
RSI | 34 |
Latest Price | $31.3500(4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.5% a day on average for past five trading days. |
Weekly Trend | SVXY declines -11.6% 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(70%) IVW(68%) IWF(68%) IWO(68%) FIVG(67%) |
Factors Impacting SVXY price | SVXY will decline at least -2.35% in a week (0% probabilities). VIXM(-71%) VXX(-31%) UUP(-18%) TLT(-5%) SHY(-4%) |
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 | -2.35% (StdDev 4.7%) |
Hourly BBV | 0.2 () |
Intraday Trend | 3% |
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