| UVXY latest price $28.0300 (4.98%) ($26.5400 - $29.2400) on Thu. Aug. 19, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.74% (three month average) |
RSI | 47 |
Latest Price | $28.0300(4.98%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 4.2% a day on average for past five trading days. |
Weekly Trend | UVXY declines -5.5% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth 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(15%) UUP(8%) VXX(5%) IGOV(4%) TLT(4%) |
Factors Impacting UVXY price | UVXY will decline at least -2.87% in a week (0% probabilities). VT(-16%) XAR(-15%) VYM(-15%) VFMO(-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 | -2.87% (StdDev 5.74%) |
Hourly BBV | 1 () |
Intraday Trend | -2% |
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