| VIXM latest price $42.0300 (1.67%) ($40.5200 - $42.9000) on Thu. Sep. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 73 |
Latest Price | $42.0300(1.67%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 1.4% a day on average for past five trading days. |
Weekly Trend | VIXM advances 2.9% 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 VIXM advance at 0% a week (0% probability) VXX(32%) UUP(25%) EDOC(7%) TLT(3%) IGOV(-3%) |
Factors Impacting VIXM price | VIXM will decline at least -1.325% 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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 2 () |
Intraday Trend | 1.8% |
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