| UVXY latest price $650.2000 (34.84%) ($542.4000 - $680.0000) on Thu. Mar. 12, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.48% (three month average) |
RSI | 89 |
Latest Price | $650.2000(34.84%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 18.5% a day on average for past five trading days. |
Weekly Trend | UVXY advances 72.8% 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(21%) VXX(11%) TLT(6%) UUP(6%) UNG(2%) |
Factors Impacting UVXY price | UVXY will decline at least -5.24% in a week (0% probabilities). VT(-20%) VFMO(-20%) XLY(-19%) VUG(-19%) XLK(-18%) |
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 | -5.24% (StdDev 10.48%) |
Hourly BBV | 1.5 () |
Intraday Trend | 6.2% |
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