| SVXY latest price $98.2900 (-0.17%) ($97.9800 - $99.3200) on Wed. Dec. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.96% (three month average) |
RSI | 83 |
Latest Price | $98.2900(-0.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Normal 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 | 0.5 () |
Intraday Trend | -0.8% |
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