We assign a technical rating of 4 out of 10 to UVIX. In the past year, UVIX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
UVIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
9.19
We found 1 important support area.
- Support @9.28 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @12.55 from a horizontal line in the weekly time frame.
- Resistance @12.95 from a horizontal line in the daily time frame.
- Resistance @14.37 from a horizontal line in the daily time frame.
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 UVIX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for UVIX is up. |
| ChartMill Relative Strength | 9.1 | NEGATIVE | UVIX has a low relative strength, it was outperformed by 90.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of UVIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UVIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UVIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.75 | NEUTRAL | The RSI value for UVIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests UVIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.33 | NEUTRAL | The Stochastics value for UVIX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.35 | HIGH VOLATILITY | The high ATR as a percentage value for UVIX suggests high volalility. |
| Average Directional Index/ADX (14) | 26.93 | POSITIVE | The high ADX value value for UVIX suggests a strong trend. |
11.56
-1.38 (-10.66%)
2X LONG VIX FUTURES ETF / UVIX FAQ
Can you provide the ChartMill technical rating for 2X LONG VIX FUTURES ETF?
ChartMill assigns a technical rating of 4 / 10 to UVIX.
Can you provide the trend direction for 2X LONG VIX FUTURES ETF?
The current trend direction for 2X LONG VIX FUTURES ETF (UVIX) is Bearish.
Can you provide the RSI signal for 2X LONG VIX FUTURES ETF?
2X LONG VIX FUTURES ETF (UVIX) has an RSI value of 54.7474. This indicates that the stock is currently neutral.
What is the MACD signal for UVIX stock?
The MACD indicator for 2X LONG VIX FUTURES ETF (UVIX) has a value of 0.313289, indicating a bearish trend.
What is the buy/sell signal for 2X LONG VIX FUTURES ETF (UVIX) stock?
The buy/sell signal for 2X LONG VIX FUTURES ETF (UVIX) is hold as the short term and long term trends are mixed.