| VIXM latest price $20.2600 (-0.42%) ($20.1110 - $20.7300) on Thu. Aug. 3, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.42% (three month average) |
RSI | 58 |
Latest Price | $20.2600(-0.42%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.5% a day on average for past five trading days. |
Weekly Trend | VIXM declines -0.1% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(89%) USO(23%) TBT(20%) UUP(17%) GLD(6%) |
Factors Impacting VIXM price | VIXM will decline at least -0.71% in a week (0% probabilities). VT(-70%) IWF(-69%) VUG(-68%) XLY(-65%) SPY(-65%) |
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 | -0.71% (StdDev 1.42%) |
Hourly BBV | 1.9 () |
Intraday Trend | -1.3% |
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