| UVXY latest price $13.1800 (11.98%) ($11.5100 - $13.1800) on Wed. Jan. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 7.78% (three month average) |
RSI | 44 |
Latest Price | $13.1800(11.98%) |
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 -11.4% 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(13%) UUP(8%) EDOC(6%) UNG(4%) VXX(4%) |
Factors Impacting UVXY price | UVXY will decline at least -3.89% in a week (0% probabilities). XAR(-15%) VT(-15%) VYM(-14%) VFMO(-14%) XLY(-13%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.89% (StdDev 7.78%) |
Hourly BBV | 3.4 () |
Intraday Trend | 10.8% |
| |
|
|