| SVXY latest price $54.7300 (1.41%) ($53.4300 - $54.7600) on Fri. Mar. 25, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 86 |
Latest Price | $54.7300(1.41%) |
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 5.9% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value 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 -1.3% 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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.1% |
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