| UVXY latest price $18.2700 (11.67%) ($15.9800 - $18.4200) on Fri. Apr. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.4% (three month average) |
RSI | 67 |
Latest Price | $18.2700(11.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.5% a day on average for past five trading days. |
Weekly Trend | UVXY advances 13.4% 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(12%) UUP(8%) UNG(5%) TLT(3%) VXX(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.2% 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 | -4.2% (StdDev 8.4%) |
Hourly BBV | 2.1 () |
Intraday Trend | 9.1% |
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