| UVXY latest price $47.8000 (10.65%) ($44.7000 - $49.5000) on Tue. May. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.1% (three month average) |
RSI | 55 |
Latest Price | $47.8000(10.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.6% a day on average for past five trading days. |
Weekly Trend | UVXY declines -2.2% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value 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 -3.05% 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 | -3.05% (StdDev 6.1%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.9% |
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