| VIXM latest price $41.3400 (2.12%) ($40.4800 - $41.4990) on Wed. Sep. 2, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 72 |
Latest Price | $41.3400(2.12%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 1% a day on average for past five trading days. |
Weekly Trend | VIXM advances 2.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(32%) UUP(25%) EDOC(6%) TLT(3%) IGOV(-3%) |
Factors Impacting VIXM price | VIXM will decline at least -1.33% in a week (0% probabilities). VT(-71%) VUG(-64%) XLY(-63%) XLI(-63%) XLK(-62%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.33% (StdDev 2.66%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2% |
| |
|
|