| UVXY latest price $6.4200 (14.85%) ($5.7000 - $6.6200) on Fri. Mar. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.91% (three month average) |
RSI | 62 |
Latest Price | $6.4200(14.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1.3% a day on average for past five trading days. |
Weekly Trend | UVXY advances 12.8% 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) VXX(12%) UNG(10%) VIXM(9%) UUP(7%) SHY(6%) |
Factors Impacting UVXY price | UVXY will decline at least -2.955% in a week (0% probabilities). EWJ(-23%) XAR(-18%) VT(-17%) EWP(-16%) VWO(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -2.955% (StdDev 5.91%) |
Hourly BBV | 0.3 () |
Intraday Trend | 9.6% |
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