| VIXM latest price $20.3450 (2.26%) ($19.7700 - $20.4100) on Tue. Oct. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.84% (three month average) |
RSI | 55 |
Latest Price | $20.3450(2.26%) |
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 0.7% a week on average for past two weeks. |
Market Behavior | Value stock 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(88%) USO(40%) SLV(21%) GLD(19%) SHY(15%) |
Factors Impacting VIXM price | VIXM will decline at least -0.92% in a week (0% probabilities). VUG(-60%) IWF(-60%) SPY(-58%) VT(-57%) IVE(-55%) |
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 | -0.92% (StdDev 1.84%) |
Hourly BBV | 0.5 () |
Intraday Trend | 0.6% |
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