| SVXY latest price $48.6000 (0.35%) ($48.5600 - $49.0000) on Thu. May. 26, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.82% (three month average) |
RSI | 55 |
Latest Price | $48.6000(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.6% 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) IVE(71%) 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(-31%) UUP(-11%) TBT(-10%) SHY(-6%) 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 () |
Intraday Trend | -0.1% |
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