| VXX latest price $26.4600 (0.61%) ($25.6900 - $26.9300) on Fri. Oct. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.01% (three month average) |
RSI | 61 |
Latest Price | $26.4600(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | VXX advances 0.9% a day on average for past five trading days. |
Weekly Trend | VXX advances 1.9% 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(88%) USO(38%) SLV(23%) GLD(18%) UUP(17%) |
Factors Impacting VXX price | VXX will decline at least -2.005% in a week (0% probabilities). SPY(-67%) VUG(-64%) IWF(-64%) VT(-63%) XLI(-62%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.005% (StdDev 4.01%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.5% |
| |
|
|