| SVXY latest price $98.4600 (0.38%) ($97.8300 - $98.5500) on Tue. Dec. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 86 |
Latest Price | $98.4600(0.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SVXY advances 2.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) IVE(84%) QQQ(73%) DIA(71%) EWI(68%) XLF(68%) |
Factors Impacting SVXY price | SVXY will decline at least -0.98% in a week (0% probabilities). VIXM(-94%) BNDX(-28%) IGOV(-16%) TLT(-13%) BND(-11%) |
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 | -0.98% (StdDev 1.96%) |
Hourly BBV | 0.6 () |
Intraday Trend | 0.5% |
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