| UVXY latest price $113.5000 (-1.05%) ($103.7500 - $117.9000) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.98% (three month average) |
RSI | 50 |
Latest Price | $113.5000(-1.05%) |
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 -0.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based 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 -2.99% 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 | -2.99% (StdDev 5.98%) |
Hourly BBV | -0.2 () |
Intraday Trend | 0.6% |
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