| VIXM latest price $14.0700 (-0.5%) ($13.9820 - $14.0900) on Fri. Jun. 7, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.2% (three month average) |
RSI | 57 |
Latest Price | $14.0700(-0.5%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.2% a day on average for past five trading days. |
Weekly Trend | VIXM advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal 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(82%) GLD(27%) GDXJ(23%) GDX(20%) TLT(17%) |
Factors Impacting VIXM price | VIXM will decline at least -0.6% in a week (0% probabilities). XBI(-45%) IWO(-44%) IWM(-44%) IWN(-42%) JETS(-28%) |
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 | -0.6% (StdDev 1.2%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.1% |
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