| SVXY latest price $48.4300 (0.64%) ($48.1600 - $48.6500) on Mon. Apr. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 67 |
Latest Price | $48.4300(0.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) DIA(73%) IVE(72%) IWD(72%) IVW(70%) |
Factors Impacting SVXY price | SVXY will decline at least -1.25% in a week (0% probabilities). VIXM(-62%) VXX(-21%) UUP(-16%) IGOV(-7%) SHY(-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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.3% |
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