Taking everything into account, EXIV scores 0 out of 10 in our technical rating. EXIV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, EXIV does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for EXIV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.57
When analyzing the support we can see 2 important areas.
- Support @7.02 from a trend line in the daily time frame.
- Support @6.64 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.46 to 7.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for EXIV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EXIV is down. |
| ChartMill Relative Strength | 1.46 | NEGATIVE | EXIV has a low relative strength, it was outperformed by 98.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EXIV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EXIV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EXIV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.49 | OVERSOLD | The low RSI value suggests EXIV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.19 | POSITIVE | The MACD value suggests EXIV has a positive trend. |
| Stochastics (14,3) | 31.46 | NEUTRAL | The Stochastics value for EXIV is a neutral value. |
| Average True Range in percent/ATR (20) | 19.13 | HIGH VOLATILITY | The high ATR as a percentage value for EXIV suggests high volalility. |
Velocityshares 1X Daily Inverse Vstoxx Futures E
NYSEARCA:EXIV (4/8/2020, 8:19:05 PM)
After market: 7.44 -0.01 (-0.13%)7.45
+0.03 (+0.4%)
Velocityshares 1X Daily Inverse Vstoxx Futures E / EXIV FAQ
Can you provide the ChartMill technical rating for Velocityshares 1X Daily Inverse Vstoxx Futures E?
ChartMill assigns a technical rating of 0 / 10 to EXIV.
What is the current trend direction of Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) stock?
The current trend direction for Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) is Bearish.
Can you provide the RSI signal for Velocityshares 1X Daily Inverse Vstoxx Futures E?
Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) has an RSI value of 27.4923. This indicates that the stock is currently oversold.
What is the short term momentum for Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) stock?
The short term momentum for Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) is negative.
Can you provide the support and resistance levels for Velocityshares 1X Daily Inverse Vstoxx Futures E?
Velocityshares 1X Daily Inverse Vstoxx Futures E (EXIV) has a support level at 7.02 and a resistance level at 7.46. Check the full technical report for our detailed analysis of EXIV support and resistance levels.