| VIXM latest price $20.6900 (-1.76%) ($20.5700 - $21.1330) on Tue. Oct. 24, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.93% (three month average) |
RSI | 55 |
Latest Price | $20.6900(-1.76%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.3% a day on average for past five trading days. |
Weekly Trend | VIXM advances 3.5% 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(87%) USO(31%) SHY(17%) UUP(14%) GLD(12%) |
Factors Impacting VIXM price | VIXM will decline at least -0.965% in a week (0% probabilities). IWF(-59%) SPY(-58%) XLV(-57%) VUG(-57%) DIA(-56%) |
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 | -0.965% (StdDev 1.93%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.8% |
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