| TVIX latest price $119.0000 (22.6%) ($119.0000 - $119.0000) on Tue. Mar. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.83% (three month average) |
RSI | 83 |
Latest Price | $119.0000(22.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 9.5% a day on average for past five trading days. |
Weekly Trend | TVIX advances 63.6% 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%) SHY(44%) TLT(37%) IGOV(12%) BWX(-3%) |
Factors Impacting TVIX price | TVIX will decline at least -4.915% in a week (0% probabilities). URA(-92%) BLOK(-89%) SMH(-86%) QQQ(-86%) XLY(-85%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -4.915% (StdDev 9.83%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|