| UVXY latest price $46.4000 (5.69%) ($45.1000 - $50.0000) on Tue. May. 4, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.78% (three month average) |
RSI | 47 |
Latest Price | $46.4000(5.69%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | UVXY declines -2.4% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off 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%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -2.89% in a week (0% probabilities). VT(-17%) XAR(-16%) VYM(-16%) VFMO(-16%) XLY(-14%) |
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 | -2.89% (StdDev 5.78%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.8% |
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