| UVXY latest price $15.8200 (0.19%) ($14.9690 - $15.9200) on Fri. Sep. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 114.55% (three month average) |
RSI | 62 |
Latest Price | $15.8200(0.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.1% a day on average for past five trading days. |
Weekly Trend | UVXY advances 0.7% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(92%) USO(31%) GLD(28%) TBT(20%) SLV(14%) |
Factors Impacting UVXY price | UVXY will decline at least -57.275% in a week (0% probabilities). SPY(-76%) IVW(-75%) IWF(-74%) VUG(-73%) QQQ(-73%) |
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 | -57.275% (StdDev 114.55%) |
Hourly BBV | 0.8 () |
Intraday Trend | 1.3% |
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