| SVXY latest price $71.8200 (2.12%) ($70.3500 - $71.8200) on Thu. May. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 57 |
Latest Price | $71.8200(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.7% 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(71%) IVE(69%) IVW(69%) VT(69%) IWF(67%) |
Factors Impacting SVXY price | SVXY will decline at least -1.085% in a week (0% probabilities). VIXM(-91%) TBT(-22%) UUP(-16%) USO(-13%) GLD(-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 | -1.085% (StdDev 2.17%) |
Hourly BBV | 2 () |
Intraday Trend | 2% |
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