| SVXY latest price $53.2200 (0.76%) ($53.0200 - $53.5450) on Tue. Mar. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 60 |
Latest Price | $53.2200(0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.8% a day on average for past five trading days. |
Weekly Trend | SVXY advances 4.1% 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%) IWD(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.315% in a week (0% probabilities). VIXM(-43%) UUP(-15%) TBT(-13%) VXX(-6%) SHY(-5%) |
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 | -1.315% (StdDev 2.63%) |
Hourly BBV | 0.9 () |
Intraday Trend | -0.2% |
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