| SVXY latest price $40.4400 (2.2%) ($39.9500 - $40.4300) on Thu. Feb. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 46 |
Latest Price | $40.4400(2.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.9% a day on average for past five trading days. |
Weekly Trend | SVXY declines -3.7% 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(72%) IWD(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.1% 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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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