| UVXY latest price $19.1600 (-1.14%) ($18.6300 - $19.5700) on Tue. Jul. 11, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 117.4% (three month average) |
RSI | 97 |
Latest Price | $19.1600(-1.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.8% a day on average for past five trading days. |
Weekly Trend | UVXY advances 32.5% a week on average for past two weeks. |
Market Behavior | Broad based 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(91%) TBT(22%) USO(17%) UUP(17%) GLD(7%) |
Factors Impacting UVXY price | UVXY will decline at least -58.7% in a week (0% probabilities). SPY(-76%) IVW(-74%) VT(-73%) VUG(-72%) IWF(-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 | -0.5 () |
Intraday Trend | 1.9% |
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