| UVXY latest price $18.5500 (2.83%) ($17.2900 - $18.5800) on Wed. Aug. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 116.43% (three month average) |
RSI | 58 |
Latest Price | $18.5500(2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.5% a day on average for past five trading days. |
Weekly Trend | UVXY advances 2.2% 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(91%) USO(24%) GLD(20%) TBT(19%) UUP(14%) |
Factors Impacting UVXY price | UVXY will decline at least -58.215% in a week (0% probabilities). SPY(-75%) IVW(-74%) VUG(-73%) IWF(-73%) IVE(-73%) |
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 | -58.215% (StdDev 116.43%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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