| UVXY latest price $17.0100 (-6.79%) ($16.9000 - $18.2300) on Tue. Oct. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.09% (three month average) |
RSI | 52 |
Latest Price | $17.0100(-6.79%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1% a day on average for past five trading days. |
Weekly Trend | UVXY advances 6.3% 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(90%) GLD(40%) USO(26%) TBT(13%) SHY(10%) |
Factors Impacting UVXY price | UVXY will decline at least -3.045% in a week (0% probabilities). SPY(-70%) IVW(-68%) IWF(-66%) IVE(-66%) XLV(-65%) |
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 | -3.045% (StdDev 6.09%) |
Hourly BBV | -1.5 () |
Intraday Trend | -2.9% |
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