| SVXY latest price $48.4100 (0.94%) ($48.3600 - $48.7800) on Fri. Jun. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.78% (three month average) |
RSI | 42 |
Latest Price | $48.4100(0.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -3.1% 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) IVE(70%) SPY(69%) IWD(68%) DIA(67%) IWF(65%) |
Factors Impacting SVXY price | SVXY will decline at least -1.39% in a week (0% probabilities). VIXM(-24%) TBT(-11%) SHY(-10%) UUP(-7%) VXX(-2%) |
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 | -1.39% (StdDev 2.78%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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