| VIXM latest price $42.2200 (-1.22%) ($41.8100 - $43.1200) on Thu. Sep. 24, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 48 |
Latest Price | $42.2200(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.8% a day on average for past five trading days. |
Weekly Trend | VIXM advances 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%) IGOV(4%) TLT(2%) |
Factors Impacting VIXM price | VIXM will decline at least -0.93% in a week (0% probabilities). VT(-72%) VUG(-66%) XLK(-64%) XLI(-64%) XLY(-63%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.93% (StdDev 1.86%) |
Hourly BBV | 0.6 () |
Intraday Trend | -1.9% |
| |
|
|