| UVXY latest price $13.6400 (4.84%) ($13.5200 - $14.8000) on Wed. Apr. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.9% (three month average) |
RSI | 34 |
Latest Price | $13.6400(4.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1.7% a day on average for past five trading days. |
Weekly Trend | UVXY declines -7.8% a week on average for past two weeks. |
Market Behavior | Growth stock 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(12%) EDOC(11%) UUP(8%) UNG(5%) TLT(3%) |
Factors Impacting UVXY price | UVXY will decline at least -3.95% in a week (0% probabilities). XAR(-15%) 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 | -3.95% (StdDev 7.9%) |
Hourly BBV | 0.7 () |
Intraday Trend | -1.8% |
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