| UVXY latest price $353.8000 (-7.24%) ($353.0000 - $390.4000) on Mon. Jun. 29, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.75% (three month average) |
RSI | 63 |
Latest Price | $353.8000(-7.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.4% a day on average for past five trading days. |
Weekly Trend | UVXY declines -2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally 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 -4.875% 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 | -4.875% (StdDev 9.75%) |
Hourly BBV | -1 () |
Intraday Trend | -4.9% |
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