| UVXY latest price $19.0400 (3.48%) ($18.5000 - $19.1500) on Thu. Jun. 29, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 116.47% (three month average) |
RSI | 97 |
Latest Price | $19.0400(3.48%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 21.2% a day on average for past five trading days. |
Weekly Trend | UVXY advances 415.5% 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) UNG(15%) BNDX(11%) VXX(11%) UUP(8%) VIXM(8%) |
Factors Impacting UVXY price | UVXY will decline at least -58.235% in a week (0% probabilities). EWJ(-26%) BOTZ(-21%) XAR(-20%) EWP(-18%) VT(-17%) |
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 | -58.235% (StdDev 116.47%) |
Hourly BBV | -0.5 () |
Intraday Trend | 2.6% |
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