| UVXY latest price $10.9100 (4.3%) ($9.8900 - $10.9280) on Wed. Sep. 21, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.44% (three month average) |
RSI | 57 |
Latest Price | $10.9100(4.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 0.9% a day on average for past five trading days. |
Weekly Trend | UVXY advances 1.5% 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(10%) UUP(7%) UNG(6%) TLT(4%) ARKG(3%) |
Factors Impacting UVXY price | UVXY will decline at least -2.22% in a week (0% probabilities). XAR(-15%) VT(-13%) VFMO(-13%) VYM(-12%) VWO(-12%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.22% (StdDev 4.44%) |
Hourly BBV | 0.9 () |
Intraday Trend | 6.8% |
| |
|
|