| UVXY latest price $15.9300 (1.92%) ($15.4000 - $16.1750) on Fri. Nov. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.17% (three month average) |
RSI | 48 |
Latest Price | $15.9300(1.92%) |
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 -0.2% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(14%) UUP(8%) EDOC(5%) VXX(5%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.585% in a week (0% probabilities). VT(-16%) XAR(-15%) VFMO(-15%) VYM(-14%) VWO(-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 | -2.585% (StdDev 5.17%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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