| UVXY latest price $18.4000 (-5.64%) ($18.4000 - $19.3200) on Wed. Jun. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 116.49% (three month average) |
RSI | 97 |
Latest Price | $18.4000(-5.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 25.5% a day on average for past five trading days. |
Weekly Trend | UVXY advances 331.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) UNG(15%) BNDX(11%) VXX(11%) UUP(8%) VIXM(8%) |
Factors Impacting UVXY price | UVXY will decline at least -58.245% in a week (0% probabilities). EWJ(-26%) BOTZ(-21%) XAR(-20%) IVW(-18%) EWP(-18%) |
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 | -58.245% (StdDev 116.49%) |
Hourly BBV | -1.5 () |
Intraday Trend | -4.4% |
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