| UVXY latest price $455.6000 (50.16%) ($332.4000 - $466.5000) on Thu. Jun. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.92% (three month average) |
RSI | 64 |
Latest Price | $455.6000(50.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 10.6% a day on average for past five trading days. |
Weekly Trend | UVXY declines -3.1% 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(19%) UUP(9%) VXX(8%) TLT(5%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -6.96% in a week (0% probabilities). VT(-19%) XAR(-17%) VYM(-17%) VFMO(-17%) XLY(-16%) |
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 | -6.96% (StdDev 13.92%) |
Hourly BBV | 2.8 () |
Intraday Trend | 29% |
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