| SVXY latest price $44.5000 (0.59%) ($44.1500 - $44.8500) on Tue. Mar. 16, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.52% (three month average) |
RSI | 54 |
Latest Price | $44.5000(0.59%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(72%) IVE(72%) IWD(71%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.26% in a week (0% probabilities). VIXM(-63%) VXX(-21%) UUP(-17%) SHY(-6%) IGOV(-6%) |
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 | -1.26% (StdDev 2.52%) |
Hourly BBV | 1 () |
Intraday Trend | 0.6% |
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