| SVXY latest price $41.7100 (0.75%) ($41.2700 - $41.8600) on Thu. Dec. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.91% (three month average) |
RSI | 56 |
Latest Price | $41.7100(0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.5% 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(74%) DIA(72%) IVE(71%) IWD(71%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -0.955% in a week (0% probabilities). VIXM(-65%) VXX(-23%) UUP(-17%) SHY(-5%) IGOV(-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 | -0.955% (StdDev 1.91%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0.9% |
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