| TVIX latest price $640.1100 (-20.45%) ($525.8900 - $985.1400) on Thu. Mar. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 17.67% (three month average) |
RSI | 81 |
Latest Price | $640.1100(-20.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TVIX advances 8.9% a day on average for past five trading days. |
Weekly Trend | TVIX advances 127.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support TVIX advance at 0% a week (0% probability) VIXM(90%) SHY(24%) TLT(24%) IGOV(-8%) GDX(-13%) |
Factors Impacting TVIX price | TVIX will decline at least -8.835% in a week (0% probabilities). URA(-94%) BLOK(-87%) SMH(-84%) QQQ(-83%) IWO(-83%) |
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 | -8.835% (StdDev 17.67%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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