| SVXY latest price $84.7600 (0.09%) ($84.3800 - $85.0300) on Mon. Jul. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.4% (three month average) |
RSI | 82 |
Latest Price | $84.7600(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(74%) IVW(73%) VT(72%) IVE(71%) VUG(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.7% in a week (0% probabilities). VIXM(-92%) TBT(-23%) UUP(-17%) USO(-17%) 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 | -0.7% (StdDev 1.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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