| SVXY latest price $56.4700 (1.16%) ($55.8000 - $56.7200) on Wed. Apr. 20, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 50 |
Latest Price | $56.4700(1.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.3% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(73%) SPY(73%) DIA(72%) IWD(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -1.335% in a week (0% probabilities). VIXM(-41%) UUP(-14%) TBT(-12%) VXX(-5%) 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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 1 () |
Intraday Trend | 0.2% |
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