| UVXY latest price $305.8000 (10.72%) ($288.9000 - $310.7000) on Wed. Oct. 2, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 65 |
Latest Price | $305.8000(10.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.6% a day on average for past five trading days. |
Weekly Trend | UVXY advances 4.9% 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 UVXY advance at 0% a week (0% probability) VIXM(22%) VXX(11%) TLT(6%) UUP(6%) SHY(3%) |
Factors Impacting UVXY price | UVXY will decline at least -3.375% in a week (0% probabilities). VT(-21%) XLY(-20%) VFMO(-20%) XLK(-19%) XAR(-19%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0 () |
Intraday Trend | 5.8% |
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