| UVXY latest price $232.4000 (2.6%) ($224.0000 - $234.4000) on Tue. Sep. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.96% (three month average) |
RSI | 63 |
Latest Price | $232.4000(2.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.4% a day on average for past five trading days. |
Weekly Trend | UVXY advances 3.4% a week on average for past two weeks. |
Market Behavior | Growth stock 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(8%) VXX(7%) EDOC(6%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -3.98% in a week (0% probabilities). VT(-18%) XAR(-16%) VYM(-16%) VFMO(-16%) XLY(-15%) |
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 | -3.98% (StdDev 7.96%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.5% |
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