| TVIX latest price $52.2100 (4.27%) ($52.2100 - $52.2100) on Fri. Dec. 27, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 5.62% (three month average) |
RSI | 34 |
Latest Price | $52.2100(4.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 0.9% a day on average for past five trading days. |
Weekly Trend | TVIX declines -12.4% a week on average for past two weeks. |
Market Behavior | Normal 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(36%) IGOV(11%) BWX(-2%) SHY(-2%) |
Factors Impacting TVIX price | TVIX will decline at least -2.81% in a week (0% probabilities). QQQ(-85%) BLOK(-85%) URA(-84%) SMH(-84%) IWO(-84%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.81% (StdDev 5.62%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|