| SVXY latest price $49.4300 (0.75%) ($49.1900 - $49.6800) on Thu. Apr. 8, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 77 |
Latest Price | $49.4300(0.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% 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 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 -1.245% in a week (0% probabilities). VIXM(-63%) 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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.5 () |
Intraday Trend | -0% |
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