| UVXY latest price $28.1600 (-9.45%) ($28.0300 - $30.2000) on Wed. Jul. 21, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.51% (three month average) |
RSI | 54 |
Latest Price | $28.1600(-9.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.7% a day on average for past five trading days. |
Weekly Trend | UVXY advances 4.9% 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(15%) UUP(8%) VXX(5%) TLT(4%) UNG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -3.755% in a week (0% probabilities). VT(-16%) VFMO(-16%) XAR(-15%) VYM(-15%) XLY(-14%) |
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 | -3.755% (StdDev 7.51%) |
Hourly BBV | -1.3 () |
Intraday Trend | -6.3% |
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