| VIXM latest price $16.2300 (0.81%) ($16.1300 - $16.4300) on Tue. Feb. 20, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 61 |
Latest Price | $16.2300(0.81%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.3% a day on average for past five trading days. |
Weekly Trend | VIXM advances 1% a week on average for past two weeks. |
Market Behavior | Growth stock 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(83%) UUP(44%) GLD(7%) GDX(-9%) XLE(-13%) |
Factors Impacting VIXM price | VIXM will decline at least -0.705% in a week (0% probabilities). SPY(-57%) DIA(-57%) IWO(-53%) QQQ(-50%) IWM(-50%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.6% |
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