| UVXY latest price $60.6000 (26.78%) ($50.4000 - $63.1000) on Wed. May. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.03% (three month average) |
RSI | 62 |
Latest Price | $60.6000(26.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 7.2% a day on average for past five trading days. |
Weekly Trend | UVXY advances 1.8% 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(16%) UUP(8%) VXX(6%) TLT(4%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -3.515% 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 | -3.515% (StdDev 7.03%) |
Hourly BBV | 1.8 () |
Intraday Trend | 19.5% |
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