| SVXY latest price $40.1800 (0.95%) ($39.3100 - $40.1950) on Tue. Nov. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 83 |
Latest Price | $40.1800(0.95%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 7.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock rally 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 -1.08% in a week (0% probabilities). VIXM(-65%) VXX(-24%) UUP(-16%) EDOC(-10%) 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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.9% |
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