| VIXM latest price $40.3600 (-1.13%) ($40.2300 - $41.9600) on Tue. Sep. 8, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 72 |
Latest Price | $40.3600(-1.13%) |
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 advances 3% 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(6%) IGOV(4%) TLT(3%) |
Factors Impacting VIXM price | VIXM will decline at least -1.315% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.315% (StdDev 2.63%) |
Hourly BBV | 0.1 () |
Intraday Trend | -3.5% |
| |
|
|