| SVXY latest price $41.1000 (-0.63%) ($40.8800 - $41.5200) on Tue. Feb. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 50 |
Latest Price | $41.1000(-0.63%) |
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 4.2% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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(-63%) VXX(-22%) UUP(-16%) SHY(-5%) IGOV(-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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.3% |
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