| UVXY latest price $23.6800 (-8.43%) ($22.8800 - $25.3700) on Wed. Sep. 22, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 61 |
Latest Price | $23.6800(-8.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | UVXY advances 6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(15%) UUP(8%) VXX(5%) TLT(4%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -2.955% in a week (0% probabilities). VT(-16%) XAR(-15%) VYM(-15%) VFMO(-15%) XLK(-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 | -2.955% (StdDev 5.91%) |
Hourly BBV | -1.3 () |
Intraday Trend | -4.8% |
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