| UVXY latest price $334.5000 (16.51%) ($327.8000 - $383.1000) on Fri. Mar. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.23% (three month average) |
RSI | 89 |
Latest Price | $334.5000(16.51%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 8.6% a day on average for past five trading days. |
Weekly Trend | UVXY advances 49.9% 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(21%) VXX(11%) TLT(6%) UUP(6%) UNG(2%) |
Factors Impacting UVXY price | UVXY will decline at least -4.115% in a week (0% probabilities). VT(-20%) VFMO(-20%) XLY(-19%) VUG(-19%) XLK(-18%) |
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 | -4.115% (StdDev 8.23%) |
Hourly BBV | 1.2 () |
Intraday Trend | -8.8% |
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