| SVXY latest price $92.4800 (0.88%) ($91.9500 - $92.8800) on Wed. Sep. 13, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 77 |
Latest Price | $92.4800(0.88%) |
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 3.1% 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(74%) IVW(73%) IVE(72%) IWF(72%) VUG(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.695% in a week (0% probabilities). VIXM(-92%) USO(-32%) GLD(-26%) TBT(-19%) UUP(-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 | -0.695% (StdDev 1.39%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.5% |
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