| SVXY latest price $85.1900 (2.16%) ($82.8700 - $85.5600) on Fri. Aug. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.47% (three month average) |
RSI | 50 |
Latest Price | $85.1900(2.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | SVXY declines -0.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVW(77%) SPY(76%) IWF(73%) QQQ(73%) VUG(73%) |
Factors Impacting SVXY price | SVXY will decline at least -0.735% in a week (0% probabilities). VIXM(-92%) USO(-27%) GLD(-23%) TBT(-21%) UUP(-14%) |
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 | 1.6 () |
Intraday Trend | 1.5% |
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