| UVXY latest price $18.3000 (-1.08%) ($17.1000 - $18.8950) on Wed. May. 11, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.42% (three month average) |
RSI | 67 |
Latest Price | $18.3000(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 4.9% a day on average for past five trading days. |
Weekly Trend | UVXY advances 8.2% 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(11%) UUP(7%) UNG(5%) TLT(3%) VXX(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.21% in a week (0% probabilities). XAR(-14%) VWO(-13%) VT(-13%) VFMO(-13%) VYM(-12%) |
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 | -4.21% (StdDev 8.42%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.7% |
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