| SVXY latest price $79.6400 (1.26%) ($78.3200 - $79.9900) on Thu. Jun. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.13% (three month average) |
RSI | 74 |
Latest Price | $79.6400(1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 1.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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(-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 | -1.065% (StdDev 2.13%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.3% |
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