| SVXY latest price $86.4100 (0.15%) ($86.1100 - $87.1800) on Mon. Jul. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 68 |
Latest Price | $86.4100(0.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.2% a week on average for past two weeks. |
Market Behavior | Growth 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(75%) IVW(74%) IVE(72%) VT(72%) IWF(71%) |
Factors Impacting SVXY price | SVXY will decline at least -0.735% in a week (0% probabilities). VIXM(-92%) TBT(-21%) USO(-18%) UUP(-17%) GLD(-9%) |
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 | 0.6 () |
Intraday Trend | 0.3% |
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