| SVXY latest price $85.7700 (-0.34%) ($85.7000 - $87.1600) on Thu. Jul. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 63 |
Latest Price | $85.7700(-0.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | SVXY advances 0.8% 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(75%) IVW(74%) VT(73%) IVE(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.735% in a week (0% probabilities). VIXM(-92%) TBT(-22%) USO(-17%) UUP(-16%) 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 | -0.735% (StdDev 1.47%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.2% |
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