| VIXM latest price $38.6000 (1.77%) ($37.9500 - $38.7100) on Wed. Aug. 19, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.69% (three month average) |
RSI | 37 |
Latest Price | $38.6000(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.2% a day on average for past five trading days. |
Weekly Trend | VIXM declines -1.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(31%) UUP(25%) EDOC(6%) XLC(6%) IYT(5%) |
Factors Impacting VIXM price | VIXM will decline at least -1.345% in a week (0% probabilities). VT(-71%) VUG(-64%) XLY(-63%) XLI(-63%) XLK(-62%) |
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 | -1.345% (StdDev 2.69%) |
Hourly BBV | 2.2 () |
Intraday Trend | 1.2% |
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