| SVXY latest price $93.1600 (1.12%) ($92.6300 - $93.3810) on Wed. Nov. 15, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.03% (three month average) |
RSI | 84 |
Latest Price | $93.1600(1.12%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | SVXY advances 5.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) XLV(66%) IVW(63%) SPY(57%) DIA(51%) EEM(51%) |
Factors Impacting SVXY price | SVXY will decline at least -1.015% in a week (0% probabilities). VIXM(-82%) BNDX(-21%) GLD(-14%) SHY(-11%) UUP(-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 | -1.015% (StdDev 2.03%) |
Hourly BBV | 1 () |
Intraday Trend | 0.2% |
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