| UVXY latest price $19.3800 (-1.42%) ($19.2500 - $20.0100) on Mon. Jul. 10, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 117.4% (three month average) |
RSI | 98 |
Latest Price | $19.3800(-1.42%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | UVXY advances 49.3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(92%) TBT(22%) USO(17%) UUP(17%) GLD(8%) |
Factors Impacting UVXY price | UVXY will decline at least -58.7% in a week (0% probabilities). SPY(-76%) IVW(-75%) VT(-73%) IVE(-73%) VUG(-72%) |
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 | -58.7% (StdDev 117.4%) |
Hourly BBV | -0.7 () |
Intraday Trend | -1.2% |
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