| SVXY latest price $39.5700 (2.59%) ($38.7100 - $39.5950) on Wed. Feb. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.24% (three month average) |
RSI | 41 |
Latest Price | $39.5700(2.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -4.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(72%) IWD(72%) IVE(71%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.12% in a week (0% probabilities). VIXM(-64%) VXX(-23%) UUP(-16%) 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 | -1.12% (StdDev 2.24%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.5% |
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