| UVXY latest price $18.4400 (-9.34%) ($18.1700 - $20.2300) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.33% (three month average) |
RSI | 70 |
Latest Price | $18.4400(-9.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.2% a day on average for past five trading days. |
Weekly Trend | UVXY advances 9.5% 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(13%) UUP(8%) EDOC(7%) UNG(4%) TLT(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.165% in a week (0% probabilities). XAR(-14%) VT(-14%) VFMO(-14%) VYM(-13%) VWO(-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 | -4.165% (StdDev 8.33%) |
Hourly BBV | -0.4 () |
Intraday Trend | -7.8% |
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