| UVXY latest price $134.4000 (-3.1%) ($123.8000 - $138.7500) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.6% (three month average) |
RSI | 69 |
Latest Price | $134.4000(-3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 6.2% a day on average for past five trading days. |
Weekly Trend | UVXY advances 6.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(17%) IGOV(9%) UUP(8%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -3.3% in a week (0% probabilities). VT(-18%) XAR(-16%) VYM(-16%) VFMO(-16%) XLY(-15%) |
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 | -3.3% (StdDev 6.6%) |
Hourly BBV | 0.9 () |
Intraday Trend | 3.8% |
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