| UVXY latest price $216.0000 (-2.75%) ($210.1000 - $225.9000) on Thu. Sep. 24, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.43% (three month average) |
RSI | 23 |
Latest Price | $216.0000(-2.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 2.1% a day on average for past five trading days. |
Weekly Trend | UVXY declines -8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(17%) UUP(9%) EDOC(7%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.715% in a week (0% probabilities). VT(-18%) VFMO(-17%) XAR(-16%) VYM(-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 | -2.715% (StdDev 5.43%) |
Hourly BBV | 1.2 () |
Intraday Trend | -2.6% |
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