Trading Signals: VIXM Stock Price Prediction and Forecast

^ VIXM: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Fri. Mar. 5, 2021

Trading Signals: VIXM Stock Price Prediction and Forecast (Mon. May. 12, 2014 - Fri. Apr. 16, 2021)

(ProShares VIX Mid-Term Futures ETF)
VIXM latest price $40.2200 (-3.89%) ($40.1100 - $42.1830) on Fri. Mar. 5, 2021.

Trend Analysis and Forecast

Trend Pattern   Downtrend Consolidation Downtrend Pop
Trend Narrative   Rebound
Average Daily Price Swing   $0.76 (1.85% one month average)
Average Daily Percentage Swing   1.8% (three month average)
Weekly Trend Force   -0.3% (StdDev 1.8%)
Daily Moving Force   0.3%
Rebound Strength   None(0%)
Hourly Trend Strength   0.58%
Trend   -0.16%
Trend Strength   -0%
Trend Clarity   -0.16(-0.3/0.76/41.12)
RSI   47
Momentum   1
Latest Price   $40.2200(-3.89%)
Forecasted Low Price   39.96(-0.65%)
Forecasted High Price   41.19(2.4%)
Direction of Next Movement   Higher(2.9%)
% Change Needed to Confirm Rebound   4.2% ((41.89))
% Change Needed for Trend Reversal   3.1%
Hourly Trend 0.3% [$41.18(0.14), $40.87(0.21)]
Stocks Behave Similarly   Similar Stock List
Top Holdings   Top Holding List
Complacency   3
Intraday Reversal Probability   N/A.
Daily Trend   VIXM declines -0.4% 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   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support VIXM advance at 0.3% a week (74% probability)
VXX(77%)    TBT(30%)    UUP(20%)    USO(6%)    XLU(1%)
Factors Impacting VIXM price   VIXM will advance at least 0.7% in a week (68% probabilities).
IDRV(-70%)    SPY(-69%)    SMH(-68%)    FIVG(-67%)    XLK(-65%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   Buy the rebound

Valuation to SPY -0.5

Relative Volatility -1.2 (options are cheap)

Market Trend Strength   0.7% (StdDev 1.8%)
Hourly BBV -2.1 ()
Intraday Trend -2.7%

Next Day Open Price   $39.56(-1.64%)
Inflection Point   Yes
Resistance Level   $41.12
5 Day Moving Average   $40.72(-1.23%)
10 Day Moving Average   $41.12(-2.19%)
20 Day Moving Average   $41.12(-2.19%)
To recent high   -5.3%
To recent low   12.6%
Market Cap   $N/A

Option Sentiment

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. VIXM price fluctuates within 1.85% (three month std-dev: 1.8% one year average std_dev: 0%) daily (68% of days).
$. VIXM price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210405

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Mar_5_2021	41.12 (-0%)	41.12 (-0.2%)	40.72 (-0.4%)	40.87	41.18(0%)	40.22(-3.89%)	40.11-42.18	-0.4(-1.2)	-2.1	0.3%	-0.3%	0%	0.58%	-0.16%	-0%	47	1	Downtrend Consolidation Downtrend Pop	Higher(1.9%)	3	-0.5	-0.3	Downtrend	40.16(-0.15%)	40.07-40.37	0.06	-5.3%-12.6%
2	Mar_4_2021	41.09 (-0%)	41.12 (-0.2%)	40.72 (0%)	40.66	41.04(0%)	41.85(2.57%)	40.44-42.3	-0.2(0.9)	2.5	0.6%	0.1%	0%	0.79%	-0.14%	0.5%	53	1.2	Uptrend Reversal	Range(0.7%)	3	2	0.3	Downtrend	41.72(-0.32%)	41.72-41.7	0.1	-1.5%-17.2%
3	Mar_3_2021	41.09 (-0%)	41.28 (-0.2%)	40.87 (0.1%)	40.62	40.57(0%)	40.8(0.34%)	40.35-41.19	-0.3(-0.3)	1.5	0.2%	-0.2%	0%	0.35%	-0.12%	0.7%	48	1.2	Downtrend Consolidation	Range(0%)	3	0.6	0.1	Downtrend	40.73(-0.18%)	40.68-40.84	0.03	-4%-14.3%
4	Mar_2_2021	41.01 (-0%)	41.38 (-0%)	40.84 (-0.6%)	40.81	40.29(0%)	40.66(1.47%)	40.16-40.79	-0.4(-0.4)	0.6	-0.8%	-0.2%	0%	-1.13%	-0.08%	0.9%	54	1.2	Correction	Lower(-1%)	4	-0.2	0.5	Downtrend	40.59(-0.18%)	40.54-40.7	0.13	-4.3%-13.9%
5	Mar_1_2021	41.07 (0%)	41.47 (0%)	41.09 (-1.2%)	41.04	40.68(0%)	40.07(-2.24%)	39.74-40.36	-0.2(-1.2)	-1.2	-1.4%	-0.3%	0%	-0.86%	0.04%	1%	55	1.2	Correction	Range(-0.6%)	5	-1.2	0.3	Downtrend Reversal	39.67(-1.01%)	39.57-40.03	0.13	-5.7%-12.2%

6	Feb_26_2021	41.07 (0.2%)	41.59 (0.2%)	41.57 (-0.4%)	41.58	41.34(0%)	40.99(-1.98%)	40.83-41.87	0.4(-0.2)	-0.8	-0.3%	-0.1%	0%	-0.02%	0.22%	1%	62	1.2	Downtrend Reversal	Range(0.6%)	6	0.4	0.4	Uptrend Consolidation	41.06(0.16%)	41.03-41.13	0.04	-3.5%-14.8%
7	Feb_25_2021	41.07 (0.2%)	41.64 (0.4%)	41.73 (-0.1%)	41.82	41.41(0%)	41.82(2.8%)	40.55-42.61	0.6(0.8)	0.5	-0.6%	0.1%	0%	-1.15%	0.34%	1.1%	71	1.3	Correction	Range(-0.5%)	7	0.9	0.5	Uptrend	42.02(0.48%)	41.69-42.16	0.07	-1.6%-17.1%
8	Feb_24_2021	41.17 (0.4%)	41.64 (0.4%)	41.76 (-0.6%)	41.9	41.82(0%)	40.68(-2.84%)	40.57-42.09	0.7(-0.6)	-1.7	-0.7%	0%	0%	-0.31%	0.4%	1%	55	1.3	Downtrend Reversal	Range(0.7%)	8	-0.8	1.1	Uptrend	40.96(0.7%)	40.76-41.05	0.05	-4.2%-13.9%
9	Feb_23_2021	41.11 (0.4%)	41.58 (0.4%)	41.99 (0.2%)	42.09	42.23(0%)	41.87(-1.44%)	41.59-43.1	1.1(0.8)	0	0.4%	0.4%	0%	0.5%	0.48%	1.1%	59	1.4	Growing Uptrend	Higher(1.5%)	9	0.5	1.5	Growing Uptrend	42.3(1.03%)	41.75-42.44	0.19	-1.4%-17.3%
10	Feb_22_2021	41.01 (0.4%)	41.4 (0.4%)	41.91 (0.7%)	42.05	41.99(0%)	42.48(1.6%)	41.7-42.53	1.2(1.5)	0.7	0.3%	0.6%	0%	-0.1%	0.4%	0.9%	51	1.5	Growing Uptrend	Higher(0.9%)	8	1.1	1.7	Growing Uptrend	42.86(0.9%)	42.23-43.02	0.03	0%-19%

11	Feb_19_2021	40.82 (0.4%)	41.12 (0.2%)	41.63 (0.2%)	41.83	41.95(0%)	41.81(-0.33%)	41.37-42.04	1(1)	0.1	-0.1%	0.5%	0%	-0.38%	0.28%	0.8%	46	1.6	Uptrend Consolidation	Range(0.6%)	8	0.6	1.9	Growing Uptrend	42.12(0.73%)	41.65-42.23	0.07	-0.5%-17.1%
12	Feb_18_2021	40.65 (0.4%)	40.89 (0.2%)	41.53 (0.3%)	41.69	42.12(0%)	41.95(0.29%)	41.64-42.41	1(1.1)	0.4	0.7%	0.4%	0%	0.6%	0.22%	0.6%	55	1.8	Growing Uptrend	Higher(1.1%)	7	0.6	1.9	Growing Uptrend	42.23(0.67%)	41.71-42.36	0.07	-0.2%-17.5%
13	Feb_17_2021	40.45 (0.4%)	40.71 (0%)	41.39 (0.7%)	41.49	41.72(0%)	41.83(0.82%)	41.8-42.77	1(1.1)	0.8	0.9%	0.4%	0%	0.62%	0.14%	0.6%	48	1.9	Growing Uptrend	Higher(1.3%)	6	0.4	2.1	N/A	41.8(-0.07%)	41.06-42.41	0.19	-0.5%-17.1%
14	Feb_16_2021	40.26 (0.4%)	40.59 (-0%)	41.11 (0.8%)	41.17	41.26(0%)	41.49(1.02%)	40.97-41.62	0.9(0.9)	-3.3	0.3%	0.1%	0%	-0.15%	0.14%	0.8%	62	2	Growing Uptrend	Range(0.4%)	6	0.2	2	Correction	41.12(-0.88%)	40.55-41.82	0.07	-1.3%-16.2%
15	Feb_12_2021	40.1 (0.4%)	40.61 (0%)	40.8 (0.7%)	40.93	41.25(0%)	41.07(-0.63%)	40.91-41.58	0.8(0.7)	-1.3	0.6%	-0%	0%	0.36%	0.14%	1.3%	58	2.1	N/A	Higher(0.9%)	6	0.2	2.1	N/A	41.12(0.13%)	40.56-41.58	0.06	-2.3%-15%

16	Feb_11_2021	39.93 (0.4%)	40.68 (0%)	40.53 (1%)	40.58	41.08(0%)	41.33(0.24%)	40.99-41.82	0.7(1)	0.2	1.1%	0.2%	0%	0.91%	0.2%	1.9%	65	2.2	Growing Uptrend	Higher(1.3%)	6	0.5	2.2	Uptrend	41.61(0.68%)	41.07-41.84	0.12	-1.6%-15.7%
17	Feb_10_2021	39.72 (0.4%)	40.65 (0.2%)	40.14 (0.5%)	40.17	40.6(0%)	41.23(1.95%)	40.37-41.54	0.5(1)	1.2	1%	0.1%	0%	0.84%	0.2%	2.3%	65	2.4	Growing Uptrend	Higher(1.1%)	6	0.5	2.2	Uptrend	41.47(0.57%)	40.91-41.7	0.08	-1.9%-15.5%
18	Feb_9_2021	39.51 (0.4%)	40.69 (0.2%)	39.94 (-0.2%)	39.82	40.09(0%)	40.44(1.33%)	40.09-40.44	0.4(0.6)	0.2	0.4%	0.3%	0%	0.48%	0.28%	3%	65	2.5	Growing Uptrend	Range(0.7%)	6	0.1	2	Uptrend	40.78(0.85%)	40.28-41	0.06	-3.8%-13.2%
19	Feb_8_2021	39.37 (0.4%)	40.69 (0.4%)	40 (-1%)	39.79	39.74(0%)	39.91(0.45%)	39.69-40.09	0.5(0.3)	1.6	-0.2%	0.1%	0%	0.38%	0.34%	3.1%	63	2.3	Correction	Range(-0.1%)	6	-0.1	1.8	Uptrend Consolidation	39.82(-0.22%)	39.67-40.29	0.04	-5%-11.8%
20	Feb_5_2021	39.2 (0.4%)	40.6 (0.6%)	40.41 (-1.1%)	40.07	39.55(0%)	39.73(0.86%)	39.41-39.95	0.7(0.3)	0.8	-1.1%	0.3%	0%	-0.53%	0.5%	3.6%	61	2.5	Correction	Range(-0.8%)	7	0	1.7	Uptrend Consolidation	39.75(0.04%)	39.55-40.31	0.12	-5.4%-11.3%

21	Feb_4_2021	39.04 (0.6%)	40.51 (0.8%)	40.87 (-0.8%)	40.7	39.85(0%)	39.39(-2.14%)	39.23-39.77	1.1(0.2)	-1.7	-1.5%	0.2%	0%	-1.39%	0.66%	3.8%	63	2.7	Confirmed Correction	Range(-0.2%)	8	0	1.5	Uptrend	40.28(2.26%)	39.34-40.68	0.11	-6.3%-10.3%
22	Feb_3_2021	38.92 (0.6%)	40.43 (0.8%)	41.21 (-0.8%)	41.3	40.59(0%)	40.25(-1.18%)	39.85-40.55	1.4(0.7)	-1.3	-1.5%	0.5%	0%	-1.82%	0.8%	3.9%	70	2.8	Correction	Range(-0.4%)	9	0.6	1.7	Uptrend	41.34(2.71%)	40.01-41.91	0.03	-4.2%-12.7%
23	Feb_2_2021	38.76 (0.6%)	40.22 (1%)	41.53 (0.7%)	41.54	41.55(0%)	40.73(-2.89%)	40.62-41.3	1.9(1)	-0.9	-0.5%	0.6%	0%	-0.86%	0.94%	3.8%	71	2.7	Correction	Higher(1.5%)	10	0.9	1.4	Uptrend Dip	43.93(7.85%)	40.03-44.9	0.13	-3.1%-14.1%
24	Feb_1_2021	38.59 (0.6%)	39.96 (1%)	41.25 (1.1%)	41.6	42.02(0%)	41.94(-0.19%)	41.75-43.25	2.1(1.8)	0.5	1.3%	0.9%	-1.8%	1.15%	0.92%	3.6%	75	2.7	Growing Uptrend	Lower(-2.8%)	10	1.8	1.1	Relative Overbought	42.86(2.2%)	40.14-45.09	0.09	-0.2%-17.4%
25	Jan_29_2021	38.32 (0.6%)	39.58 (1%)	40.82 (1.8%)	40.86	41.52(0%)	42.02(2.24%)	40.77-42.82	2.3(2.2)	1.1	1.3%	1%	-2.7%	0.34%	0.9%	3.3%	80	2.5	Growing Uptrend	Lower(-4.6%)	10	2.7	0.2	Growing Uptrend	43.47(3.44%)	41.36-43.99	0.14	0%-17.7%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low

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