| UVXY latest price $16.4600 (-2.02%) ($15.9300 - $18.1800) on Fri. Oct. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.15% (three month average) |
RSI | 67 |
Latest Price | $16.4600(-2.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | UVXY advances 7.7% 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(92%) GLD(41%) USO(35%) SLV(15%) TBT(15%) |
Factors Impacting UVXY price | UVXY will decline at least -2.575% in a week (0% probabilities). SPY(-70%) IVW(-69%) VUG(-68%) IWF(-68%) QQQ(-67%) |
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 | -2.575% (StdDev 5.15%) |
Hourly BBV | -1.7 () |
Intraday Trend | -6.5% |
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