| SVXY latest price $48.3900 (-0.14%) ($47.8400 - $48.6800) on Wed. Jun. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 38 |
Latest Price | $48.3900(-0.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(70%) IWD(68%) SPY(68%) DIA(66%) IWF(65%) |
Factors Impacting SVXY price | SVXY will decline at least -1.385% in a week (0% probabilities). VIXM(-23%) SHY(-11%) TBT(-10%) UUP(-8%) VXX(-1%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | -0.4 () |
Intraday Trend | 0.1% |
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