| UVXY latest price $120.3000 (12.96%) ($106.2000 - $125.7000) on Mon. Jan. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.99% (three month average) |
RSI | 51 |
Latest Price | $120.3000(12.96%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 2.4% a day on average for past five trading days. |
Weekly Trend | UVXY declines -1.7% a week on average for past two weeks. |
Market Behavior | Broad based 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%) IGOV(9%) UUP(8%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.995% 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 | -2.995% (StdDev 5.99%) |
Hourly BBV | 1.7 () |
Intraday Trend | 13.1% |
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