| VIXM latest price $16.0200 (1.2%) ($15.9950 - $16.2900) on Tue. Apr. 2, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.24% (three month average) |
RSI | 48 |
Latest Price | $16.0200(1.2%) |
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 -1.3% a week on average for past two weeks. |
Market Behavior | Broad based 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(41%) GLD(39%) GDX(17%) GDXJ(12%) |
Factors Impacting VIXM price | VIXM will decline at least -0.62% in a week (0% probabilities). DIA(-64%) IWO(-63%) SPY(-59%) IWM(-58%) XBI(-56%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.62% (StdDev 1.24%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.7% |
| |
|
|