| UVXY latest price $95.4000 (-6.74%) ($92.1000 - $108.0000) on Fri. Feb. 26, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.11% (three month average) |
RSI | 48 |
Latest Price | $95.4000(-6.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | UVXY declines -3.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(16%) UUP(8%) VXX(6%) TLT(4%) IGOV(3%) |
Factors Impacting UVXY price | UVXY will decline at least -3.555% in a week (0% probabilities). VT(-17%) XAR(-16%) VYM(-16%) VFMO(-16%) XLY(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.555% (StdDev 7.11%) |
Hourly BBV | 0.6 () |
Intraday Trend | -0.6% |
| |
|
|