| SVXY latest price $52.4300 (-0.59%) ($51.9100 - $53.3400) on Tue. Aug. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.34% (three month average) |
RSI | 69 |
Latest Price | $52.4300(-0.59%) |
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 2.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(72%) SPY(70%) IWD(69%) DIA(68%) IWF(66%) |
Factors Impacting SVXY price | SVXY will decline at least -1.17% in a week (0% probabilities). VIXM(-21%) SHY(-12%) TBT(-11%) UUP(-7%) 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 | -1.17% (StdDev 2.34%) |
Hourly BBV | -1.4 () |
Intraday Trend | 0.1% |
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