| VIXM latest price $17.3300 (-1.25%) ($17.2900 - $17.5300) on Thu. Dec. 21, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 53 |
Latest Price | $17.3300(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 1.3% a day on average for past five trading days. |
Weekly Trend | VIXM declines -0.8% 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(84%) IGOV(55%) ONLN(53%) TIP(27%) BND(24%) |
Factors Impacting VIXM price | VIXM will decline at least -1.005% in a week (0% probabilities). MCHI(-96%) FXI(-90%) EEM(-87%) EWP(-83%) EWJ(-83%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 0.8 () |
Intraday Trend | -0.6% |
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