UVIX Stock 2x Long VIX Futures ETF (UVIX, $6.29) Aroon Indicator entered a Downtrend on May 20, 2024.

A.I.dvisor
at Tickeron.com
05/21/24
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UVIX - 2x Long VIX Futures ETF
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $6.29
Daily change: +$0.01 (+0.16%)
Daily volume: 3.8M
Net Assets: $83M
For the last three days, A.I.dvisor has detected that UVIX's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for UVIX, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 221 similar cases, of which were successful. Based on this data, the odds of success are
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