| VXX latest price $61.1600 (5.38%) ($59.8000 - $62.9600) on Fri. Jan. 3, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.9% (three month average) |
RSI | 40 |
Latest Price | $61.1600(5.38%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VXX advances 0.5% a day on average for past five trading days. |
Weekly Trend | VXX declines -0.8% 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 VXX advance at 0% a week (0% probability) VIXM(39%) UUP(12%) TLT(7%) IGOV(1%) BNDX(-3%) |
Factors Impacting VXX price | VXX will decline at least -1.45% in a week (0% probabilities). VT(-35%) VFMO(-34%) VUG(-33%) XLY(-32%) XLK(-32%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.45% (StdDev 2.9%) |
Hourly BBV | 0.3 () |
Intraday Trend | -2.4% |
| |
|
|