| UVXY latest price $16.8000 (-1.87%) ($16.7800 - $18.2900) on Thu. Oct. 5, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.24% (three month average) |
RSI | 68 |
Latest Price | $16.8000(-1.87%) |
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 9.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support UVXY advance at 0% a week (0% probability) VIXM(92%) USO(34%) GLD(33%) TBT(16%) UUP(13%) |
Factors Impacting UVXY price | UVXY will decline at least -2.62% in a week (0% probabilities). SPY(-74%) IVW(-73%) IWF(-71%) VUG(-70%) QQQ(-70%) |
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 | -2.62% (StdDev 5.24%) |
Hourly BBV | -1.9 () |
Intraday Trend | -1.9% |
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