| TVIX latest price $188.1000 (6.75%) ($178.5000 - $194.8000) on Fri. Aug. 9, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.62% (three month average) |
RSI | 64 |
Latest Price | $188.1000(6.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 1.2% a day on average for past five trading days. |
Weekly Trend | TVIX advances 21.9% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TVIX advance at 0% a week (0% probability) VIXM(90%) TLT(37%) IGOV(14%) IFRA(10%) SHY(7%) |
Factors Impacting TVIX price | TVIX will decline at least -3.81% in a week (0% probabilities). SMH(-83%) QQQ(-83%) VUG(-82%) IWO(-82%) XLY(-81%) |
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 | -3.81% (StdDev 7.62%) |
Hourly BBV | 0 () |
Intraday Trend | 3.6% |
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