| TVIX latest price $51.8500 (9.11%) ($51.8500 - $51.8500) on Fri. Jan. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.52% (three month average) |
RSI | 38 |
Latest Price | $51.8500(9.11%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 0.7% a day on average for past five trading days. |
Weekly Trend | TVIX declines -2% 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%) BWX(-2%) SHY(-3%) IGOV(-5%) |
Factors Impacting TVIX price | TVIX will decline at least -2.76% in a week (0% probabilities). BLOK(-86%) SMH(-85%) QQQ(-85%) URA(-84%) IWO(-84%) |
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 | -2.76% (StdDev 5.52%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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