| SVXY latest price $78.7800 (2.93%) ($76.6000 - $78.8800) on Tue. Jun. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 79 |
Latest Price | $78.7800(2.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.7% 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(70%) IVE(68%) IVW(68%) VT(68%) IWF(66%) |
Factors Impacting SVXY price | SVXY will decline at least -1.065% in a week (0% probabilities). VIXM(-91%) TBT(-22%) UUP(-17%) USO(-13%) GLD(-7%) |
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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.9 () |
Intraday Trend | 2.6% |
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