| UVXY latest price $17.2000 (13.83%) ($15.0490 - $17.2500) on Fri. Jan. 21, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.2% (three month average) |
RSI | 70 |
Latest Price | $17.2000(13.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 6.9% a day on average for past five trading days. |
Weekly Trend | UVXY advances 8.9% 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 -4.1% in a week (0% probabilities). XAR(-15%) VT(-15%) VYM(-14%) VFMO(-14%) XLI(-13%) |
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 | -4.1% (StdDev 8.2%) |
Hourly BBV | 1.9 () |
Intraday Trend | 10.8% |
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