| UVXY latest price $17.8400 (-2.35%) ($17.7000 - $19.7600) on Mon. May. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.29% (three month average) |
RSI | 63 |
Latest Price | $17.8400(-2.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.6% a day on average for past five trading days. |
Weekly Trend | UVXY advances 15.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(12%) UUP(7%) UNG(5%) TLT(3%) VXX(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.145% in a week (0% probabilities). XAR(-14%) VYM(-13%) VWO(-13%) VT(-13%) VFMO(-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 | -4.145% (StdDev 8.29%) |
Hourly BBV | 0.8 () |
Intraday Trend | -2.9% |
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