| SVXY latest price $63.0300 (1.66%) ($61.9000 - $63.2600) on Fri. Jan. 20, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 76 |
Latest Price | $63.0300(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3% 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) SPY(74%) VT(74%) IVE(73%) IVW(72%) IWD(70%) |
Factors Impacting SVXY price | SVXY will decline at least -0.62% in a week (0% probabilities). VIXM(-87%) SHY(-28%) VXX(-22%) GLD(-21%) UUP(-13%) |
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 | -0.62% (StdDev 1.24%) |
Hourly BBV | 1 () |
Intraday Trend | 1.3% |
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