| UVXY latest price $17.7250 (10.02%) ($16.5300 - $18.0300) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.95% (three month average) |
RSI | 59 |
Latest Price | $17.7250(10.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 3.6% a day on average for past five trading days. |
Weekly Trend | UVXY declines -0.4% 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(92%) GLD(50%) USO(35%) SLV(20%) GDX(13%) |
Factors Impacting UVXY price | UVXY will decline at least -2.975% in a week (0% probabilities). SPY(-70%) IVW(-68%) VUG(-66%) QQQ(-66%) IWF(-66%) |
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 | -2.975% (StdDev 5.95%) |
Hourly BBV | 2 () |
Intraday Trend | 6.1% |
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