| UVXY latest price $112.6000 (-5.93%) ($109.3000 - $116.3000) on Wed. Dec. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.66% (three month average) |
RSI | 51 |
Latest Price | $112.6000(-5.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | UVXY advances 1.6% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(17%) IGOV(9%) UUP(8%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.83% 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 | -2.83% (StdDev 5.66%) |
Hourly BBV | -1.6 () |
Intraday Trend | -2.9% |
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