| SVXY latest price $41.2200 (1.2%) ($40.9400 - $41.4100) on Tue. Jan. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 47 |
Latest Price | $41.2200(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock 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 -1.045% in a week (0% probabilities). VIXM(-64%) VXX(-23%) UUP(-17%) SHY(-5%) TLT(-2%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.2% |
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