VS 2X VIX Short Term (TVIX) Technical Analysis
NASDAQ:TVIX
Current stock price
TVIX Technical Rating and Analysis
Taking everything into account, TVIX scores 0 out of 10 in our technical rating. TVIX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than TVIX.
- TVIX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month TVIX has a been trading in the 103.89 - 234.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- TVIX has an average volume of 9377890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
TVIX Weekly and Daily overview Charts
TVIX Setup Rating and Analysis
TVIX has a poor technical rating and the quality of the setup is also only medium 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
TVIX Support and Resistance Analysis
107.42
We found 1 important support area.
- A support zone ranging from 108.50 to 108.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 161.81 to 165.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
TVIX Technical Indicator Signal Analysis
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 TVIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TVIX is down. |
| ChartMill Relative Strength | 2.24 | NEGATIVE | TVIX has a low relative strength, it was outperformed by 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TVIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TVIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TVIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.8 | NEUTRAL | The RSI value for TVIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests TVIX has a negative trend. |
| Stochastics (14,3) | 3.65 | OVERSOLD | The low Stochastics value suggests TVIX may be oversold. |
| Average True Range in percent/ATR (20) | 23.14 | HIGH VOLATILITY | The high ATR as a percentage value for TVIX suggests high volalility. |
TVIX Chart- and CandleStick Pattern Analysis
TVIX Technicals: Chart, Performance Metrics, Trend & Indicators
112.36
-5.26 (-4.47%)
VS 2X VIX Short Term / TVIX TA FAQ
What is the technical rating for TVIX stock?
ChartMill assigns a technical rating of 0 / 10 to TVIX.
What is the trend direction for TVIX stock?
The current trend direction for VS 2X VIX Short Term (TVIX) is Bearish.
What is the RSI signal for TVIX stock?
VS 2X VIX Short Term (TVIX) has an RSI value of 39.7981. This indicates that the stock is currently neutral.
What is the short term momentum for TVIX stock?
The short term momentum for VS 2X VIX Short Term (TVIX) is negative.
What are the support and resistance levels for VS 2X VIX Short Term (TVIX) stock?
VS 2X VIX Short Term (TVIX) has a support level at 108.5 and a resistance level at 161.81. Check the full technical report for our detailed analysis of TVIX support and resistance levels.