| UVXY latest price $134.4000 (-8.2%) ($131.1000 - $148.9000) on Mon. Feb. 1, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 6.63% (three month average) |
RSI | 63 |
Latest Price | $134.4000(-8.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 4.1% a day on average for past five trading days. |
Weekly Trend | UVXY advances 13% 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(17%) IGOV(9%) UUP(8%) VXX(7%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -3.315% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -3.315% (StdDev 6.63%) |
Hourly BBV | -0.4 () |
Intraday Trend | -1.5% |
| |
|
|