| UVXY latest price $215.8000 (4.35%) ($207.4000 - $222.2000) on Fri. Oct. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.8% (three month average) |
RSI | 73 |
Latest Price | $215.8000(4.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 4.9% a day on average for past five trading days. |
Weekly Trend | UVXY advances 12.6% a week on average for past two weeks. |
Market Behavior | Growth stock 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(17%) EDOC(8%) UUP(8%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.9% 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 | -2.9% (StdDev 5.8%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.7% |
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