| VIXM latest price $15.9800 (-1.6%) ($15.9200 - $16.1700) on Fri. Jan. 19, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.59% (three month average) |
RSI | 36 |
Latest Price | $15.9800(-1.6%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.1% a day on average for past five trading days. |
Weekly Trend | VIXM declines -1.5% 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% a week (0% probability) VXX(84%) UUP(41%) GLD(-1%) GDX(-17%) XLE(-17%) |
Factors Impacting VIXM price | VIXM will decline at least -0.795% in a week (0% probabilities). SPY(-58%) DIA(-57%) IWO(-54%) IWM(-53%) IVE(-52%) |
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 | -0.795% (StdDev 1.59%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.9% |
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