| VIXM latest price $16.2900 (2.23%) ($15.7900 - $16.3400) on Thu. Apr. 4, 2024. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.26% (three month average) |
RSI | 45 |
Latest Price | $16.2900(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.8% a day on average for past five trading days. |
Weekly Trend | VIXM declines -0.6% 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(44%) GLD(41%) GDX(17%) GDXJ(12%) |
Factors Impacting VIXM price | VIXM will decline at least -0.63% in a week (0% probabilities). IWO(-65%) DIA(-65%) SPY(-60%) IWM(-60%) XBI(-56%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.63% (StdDev 1.26%) |
Hourly BBV | 2 () |
Intraday Trend | 3.2% |
| |
|
|