| VIXM latest price $15.6300 (1.63%) ($15.2100 - $15.6300) on Wed. May. 1, 2024. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.3% (three month average) |
RSI | 39 |
Latest Price | $15.6300(1.63%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VIXM advances 0.1% a day on average for past five trading days. |
Weekly Trend | VIXM declines -3.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support VIXM advance at 0% a week (0% probability) VXX(83%) UUP(49%) GLD(18%) GDX(7%) GDXJ(5%) |
Factors Impacting VIXM price | VIXM will decline at least -0.65% in a week (0% probabilities). IVE(-73%) SPY(-68%) XLE(-63%) IWN(-62%) IWO(-61%) |
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 | -0.65% (StdDev 1.3%) |
Hourly BBV | -0.9 () |
Intraday Trend | 1% |
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