| SVXY latest price $42.1300 (2.06%) ($40.1200 - $42.1600) on Tue. Feb. 23, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.14% (three month average) |
RSI | 75 |
Latest Price | $42.1300(2.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally 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 -1.07% in a week (0% probabilities). VIXM(-63%) VXX(-22%) UUP(-17%) 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 | -1.07% (StdDev 2.14%) |
Hourly BBV | 0.7 () |
Intraday Trend | 2.4% |
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