| SVXY latest price $82.6600 (1.2%) ($81.1800 - $82.9600) on Thu. Jun. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 95 |
Latest Price | $82.6600(1.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.8% a day on average for past five trading days. |
Weekly Trend | SVXY advances 3.5% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(71%) IVW(70%) IVE(69%) VT(69%) IWF(68%) |
Factors Impacting SVXY price | SVXY will decline at least -0.705% in a week (0% probabilities). VIXM(-91%) TBT(-22%) UUP(-16%) USO(-16%) EDOC(-12%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 2.1 () |
Intraday Trend | 1.7% |
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