| SVXY latest price $56.2200 (3.33%) ($53.9100 - $56.2800) on Mon. Jan. 31, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.88% (three month average) |
RSI | 33 |
Latest Price | $56.2200(3.33%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -6.5% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) IVE(73%) DIA(72%) IVW(72%) IWD(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.44% in a week (0% probabilities). VIXM(-50%) UUP(-17%) VXX(-10%) TBT(-9%) 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 | -1.44% (StdDev 2.88%) |
Hourly BBV | 1.6 () |
Intraday Trend | 3.8% |
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