| SVXY latest price $66.5200 (1.67%) ($64.7000 - $66.8300) on Wed. Feb. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 76 |
Latest Price | $66.5200(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.3% 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(75%) IVE(74%) VT(74%) IVW(72%) IWD(70%) |
Factors Impacting SVXY price | SVXY will decline at least -0.63% in a week (0% probabilities). VIXM(-87%) SHY(-28%) GLD(-23%) VXX(-22%) 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 | -0.63% (StdDev 1.26%) |
Hourly BBV | 2.7 () |
Intraday Trend | 1.6% |
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