| VIXM latest price $16.1000 (2.61%) ($15.8400 - $16.2600) on Tue. Mar. 5, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.43% (three month average) |
RSI | 39 |
Latest Price | $16.1000(2.61%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.7% a day on average for past five trading days. |
Weekly Trend | VIXM declines -1.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(83%) UUP(41%) GLD(28%) GDX(6%) GDXJ(2%) |
Factors Impacting VIXM price | VIXM will decline at least -0.715% in a week (0% probabilities). IWO(-63%) DIA(-63%) SPY(-60%) IWM(-59%) IVE(-53%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.715% (StdDev 1.43%) |
Hourly BBV | 2 () |
Intraday Trend | 1.5% |
| |
|
|