| VXX latest price $79.1600 (-2.27%) ($75.2800 - $81.1200) on Thu. Jan. 28, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.2% (three month average) |
RSI | 70 |
Latest Price | $79.1600(-2.27%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VXX advances 4.2% a day on average for past five trading days. |
Weekly Trend | VXX advances 4.8% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support VXX advance at 0% a week (0% probability) VIXM(30%) UUP(16%) IGOV(5%) TLT(3%) EDOC(1%) |
Factors Impacting VXX price | VXX will decline at least -2.1% in a week (0% probabilities). VT(-29%) XLF(-28%) VYM(-27%) VFMO(-26%) XLI(-25%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.1% (StdDev 4.2%) |
Hourly BBV | 0.9 () |
Intraday Trend | 2.1% |
| |
|
|