| SVXY latest price $57.3600 (1.88%) ($55.7900 - $57.5700) on Wed. Nov. 30, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.36% (three month average) |
RSI | 84 |
Latest Price | $57.3600(1.88%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 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(72%) SPY(71%) IWD(69%) DIA(68%) IVW(68%) |
Factors Impacting SVXY price | SVXY will decline at least -0.68% in a week (0% probabilities). SHY(-23%) GLD(-13%) EDOC(-9%) VIXM(-8%) TBT(-8%) |
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 | -0.68% (StdDev 1.36%) |
Hourly BBV | 3.1 () |
Intraday Trend | 2% |
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