| UVXY latest price $15.7500 (0.06%) ($15.6400 - $16.9000) on Tue. May. 24, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.5% (three month average) |
RSI | 61 |
Latest Price | $15.7500(0.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1.6% a day on average for past five trading days. |
Weekly Trend | UVXY declines -3.6% 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(11%) UUP(7%) UNG(5%) EDOC(3%) TLT(3%) |
Factors Impacting UVXY price | UVXY will decline at least -4.25% in a week (0% probabilities). XAR(-14%) VT(-13%) VFMO(-13%) VYM(-12%) VWO(-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 | -4.25% (StdDev 8.5%) |
Hourly BBV | -0.3 () |
Intraday Trend | -2.4% |
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