| SVXY latest price $61.7100 (1.87%) ($60.7400 - $61.9000) on Mon. Mar. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 41 |
Latest Price | $61.7100(1.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1% a day on average for past five trading days. |
Weekly Trend | SVXY declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stock 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(73%) IVE(72%) VT(72%) IVW(71%) IWF(68%) |
Factors Impacting SVXY price | SVXY will decline at least -1.045% in a week (0% probabilities). VIXM(-89%) GLD(-20%) SHY(-19%) UUP(-14%) TBT(-9%) |
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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 1 () |
Intraday Trend | 0.8% |
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