| SVXY latest price $35.3500 (3.33%) ($33.6600 - $35.3900) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.97% (three month average) |
RSI | 75 |
Latest Price | $35.3500(3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 2.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(71%) IVE(70%) IVW(70%) IWD(70%) |
Factors Impacting SVXY price | SVXY will decline at least -2.485% in a week (0% probabilities). VIXM(-70%) VXX(-29%) UUP(-19%) TLT(-7%) SHY(-5%) |
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 | -2.485% (StdDev 4.97%) |
Hourly BBV | 1.9 () |
Intraday Trend | 4.9% |
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