| SVXY latest price $49.2600 (-1.52%) ($49.0900 - $49.7500) on Mon. Jul. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 74 |
Latest Price | $49.2600(-1.52%) |
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 1.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off 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(71%) IWD(69%) SPY(69%) DIA(67%) IWF(65%) |
Factors Impacting SVXY price | SVXY will decline at least -1.35% in a week (0% probabilities). VIXM(-22%) SHY(-12%) TBT(-11%) 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 | -1.35% (StdDev 2.7%) |
Hourly BBV | -2.1 () |
Intraday Trend | -0.6% |
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