| SVXY latest price $56.1900 (1.48%) ($54.8200 - $57.1600) on Fri. Feb. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 36 |
Latest Price | $56.1900(1.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.4% 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(75%) IVE(73%) DIA(72%) IVW(72%) IWD(72%) |
Factors Impacting SVXY price | SVXY will decline at least -1.505% 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 | -1.505% (StdDev 3.01%) |
Hourly BBV | -0.1 () |
Intraday Trend | 1% |
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