ProShares Ultra VIX Short-Term Futures ETF Price & Performance (UVXY)

Recent trading in the ProShares Ultra VIX Short-Term Futures ETF (UVXY) shows a negative technical outlook, with both short- and long-term moving averages indicating sell signals. The ETF closed at $29.15, and analysts have downgraded it to a strong sell candidate, citing weak momentum and high volatility.12

UVXY is currently trading at $29.15, but technical indicators such as the 8-day and 20-day moving averages suggest overvaluation and a sell signal. With a 52-week range of $17.27 to $65.87, analysts warn that the ETF carries higher-than-average risk and is not recommended for long-term holding.23

Over the past 13 years, UVXY has declined in 12 of those years, with an average annual drop of 36.1%. Despite occasional spikes, the ETF's historical performance points to a long-term negative trend, reinforcing current analyst ratings that favor selling or avoiding the fund.4