| UVXY latest price $18.6300 (9.52%) ($17.1000 - $19.2500) on Wed. Oct. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.19% (three month average) |
RSI | 57 |
Latest Price | $18.6300(9.52%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | UVXY advances 1% a day on average for past five trading days. |
Weekly Trend | UVXY advances 7.9% 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(90%) GLD(41%) USO(26%) TBT(13%) UUP(11%) |
Factors Impacting UVXY price | UVXY will decline at least -3.095% in a week (0% probabilities). SPY(-71%) IVW(-69%) IVE(-67%) IWF(-66%) XLV(-65%) |
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 | -3.095% (StdDev 6.19%) |
Hourly BBV | 1.6 () |
Intraday Trend | 8.8% |
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