| VIXM latest price $19.7700 (-0.7%) ($19.7100 - $20.3000) on Wed. Sep. 27, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.57% (three month average) |
RSI | 60 |
Latest Price | $19.7700(-0.7%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 1.6% a day on average for past five trading days. |
Weekly Trend | VIXM advances 2.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(89%) USO(36%) TBT(20%) UUP(15%) GLD(13%) |
Factors Impacting VIXM price | VIXM will decline at least -0.785% in a week (0% probabilities). VUG(-67%) IWF(-67%) VT(-66%) XLY(-62%) SPY(-62%) |
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 | -0.785% (StdDev 1.57%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0.1% |
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