| UVXY latest price $381.4000 (9.28%) ($349.3000 - $387.5000) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.85% (three month average) |
RSI | 69 |
Latest Price | $381.4000(9.28%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | UVXY advances 0.3% 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(18%) UUP(9%) VXX(8%) TLT(4%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.925% in a week (0% probabilities). VT(-18%) VFMO(-17%) XLY(-16%) XAR(-16%) VYM(-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 | -4.925% (StdDev 9.85%) |
Hourly BBV | 1.2 () |
Intraday Trend | 8.8% |
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