| VIXM latest price $20.8200 (2.33%) ($20.4450 - $20.8750) on Wed. Oct. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.86% (three month average) |
RSI | 65 |
Latest Price | $20.8200(2.33%) |
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 1.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -0.93% 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 | -0.93% (StdDev 1.86%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.7% |
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