| SVXY latest price $49.3000 (2.05%) ($48.3000 - $49.3600) on Mon. May. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 52 |
Latest Price | $49.3000(2.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -1.1% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(72%) IWD(70%) SPY(70%) DIA(68%) IWF(67%) |
Factors Impacting SVXY price | SVXY will decline at least -1.41% in a week (0% probabilities). VIXM(-33%) UUP(-11%) TBT(-9%) SHY(-7%) VXX(-3%) |
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 | -1.41% (StdDev 2.82%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.7% |
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