| SVXY latest price $61.9300 (1.57%) ($60.5700 - $63.4900) on Thu. Oct. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.85% (three month average) |
RSI | 86 |
Latest Price | $61.9300(1.57%) |
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 4.5% 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(72%) IVE(72%) IWF(72%) IVW(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.925% in a week (0% probabilities). VIXM(-56%) VXX(-15%) UUP(-14%) SHY(-7%) IGOV(-7%) |
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 | -0.925% (StdDev 1.85%) |
Hourly BBV | 2.7 () |
Intraday Trend | 2% |
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