| SVXY latest price $50.2100 (0.72%) ($50.2000 - $50.7250) on Tue. Jul. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.64% (three month average) |
RSI | 65 |
Latest Price | $50.2100(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.4% 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(69%) SPY(69%) DIA(67%) IWF(66%) |
Factors Impacting SVXY price | SVXY will decline at least -1.32% in a week (0% probabilities). VIXM(-22%) TBT(-11%) SHY(-11%) UUP(-8%) EDOC(-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 | -1.32% (StdDev 2.64%) |
Hourly BBV | -0.1 () |
Intraday Trend | -0.4% |
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