PROSHARES SHORT VIX ST FUTUR (SVXY) Stock Technical Analysis
NYSEARCA:SVXY - US74347W1302 - ETF
48.74 USD
-0.47 (-0.96%)
48.55 USD
-0.19 (-0.39%)
We assign a technical rating of 8 out of 10 to SVXY. Although SVXY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
SVXY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SVXY is lagging the market slightly.
In the last month SVXY has a been trading in the 44.07 - 49.42 range, which is quite wide. It is currently trading near the high of this range.
SVXY has an average volume of 1256920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, SVXY outperforms 52% of them, which is more or less in line with the market.
Although SVXY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
43.02
49.71
3 important support areas can be observed.
- A support zone ranging from 48.28 to 48.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @45.96 from a trend line in the daily time frame.
- A support zone ranging from 43.45 to 43.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 48.94 to 49.22. 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 | UP | POSITIVE | The long term trend for SVXY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SVXY is up. |
| ChartMill Relative Strength | 52.13 | NEUTRAL | SVXY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SVXY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SVXY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SVXY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.92 | NEUTRAL | The RSI value for SVXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests SVXY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.42 | OVERBOUGHT | The high Stochastics value suggests SVXY may be overbought. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for SVXY suggests low volalility. |
| Average Directional Index/ADX (14) | 26.31 | POSITIVE | The high ADX value value for SVXY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
48.74
-0.47 (-0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.96%
1 Week-0.39%
2 Weeks3.5%
1 Month12.15%
3 Month20.55%
6 Month-2.05%
12 Month-9.37%
2 Year7.89%
3 Year84.03%
5 Year181%
10 Year-2.64%
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%1.6%
ATR Inc-5.15%
Range Today0.91
ADR(20)0.71
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.13
Mansfield-0.38
10 Day High49.42
10 Day Low46.44
20 Day High49.42
20 Day Low44.07
52 Week High54.04
52 Week Low32.05
CS1 End48.46
CR1 Start48.94
Volume & EV
DER(3)-3.68%
DER(5)-0.94%
Volume1.30M
Volume Incr-34.73%
Vol(5)975.70K
Vol(50)1.26M