| SVXY latest price $31.9600 (1.46%) ($31.4700 - $32.0500) on Wed. Jul. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.27% (three month average) |
RSI | 70 |
Latest Price | $31.9600(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(73%) DIA(70%) IVE(69%) IVW(69%) IWD(69%) |
Factors Impacting SVXY price | SVXY will decline at least -1.635% in a week (0% probabilities). VIXM(-67%) VXX(-26%) UUP(-18%) TLT(-5%) 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 | -1.635% (StdDev 3.27%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.8% |
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