| UVXY latest price $353.8000 (5.74%) ($334.7000 - $359.8000) on Thu. May. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 14.28% (three month average) |
RSI | 45 |
Latest Price | $353.8000(5.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | UVXY declines -5.3% a week on average for past two weeks. |
Market Behavior | Normal 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(19%) UUP(9%) VXX(8%) TLT(5%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -7.14% in a week (0% probabilities). VT(-19%) VYM(-17%) VFMO(-17%) XLY(-16%) XLK(-16%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -7.14% (StdDev 14.28%) |
Hourly BBV | 1 () |
Intraday Trend | 4% |
| |
|
|