| UVXY latest price $113.5000 (1.43%) ($109.5000 - $115.0000) on Thu. Dec. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.69% (three month average) |
RSI | 21 |
Latest Price | $113.5000(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.1% a day on average for past five trading days. |
Weekly Trend | UVXY declines -6.9% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(17%) UUP(8%) VXX(7%) TLT(4%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -2.845% 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 | -2.845% (StdDev 5.69%) |
Hourly BBV | 1.2 () |
Intraday Trend | 3.2% |
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