| TVIX latest price $253.4700 (48.19%) ($253.4700 - $253.4700) on Mon. Mar. 9, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 12.3% (three month average) |
RSI | 90 |
Latest Price | $253.4700(48.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 24.7% a day on average for past five trading days. |
Weekly Trend | TVIX advances 81.7% 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(91%) SHY(41%) TLT(35%) IGOV(7%) BWX(-7%) |
Factors Impacting TVIX price | TVIX will decline at least -6.15% in a week (0% probabilities). URA(-92%) BLOK(-88%) SMH(-86%) QQQ(-85%) IWO(-85%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -6.15% (StdDev 12.3%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|