PROSHARES ULTRA VIX ST FUTUR (UVXY) Stock Technical Analysis
NYSEARCA:UVXY - NYSE Arca - US74347Y7554 - ETF - Currency: USD
Taking everything into account, UVXY scores 0 out of 10 in our technical rating. UVXY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than UVXY.
UVXY 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 UVXY has a been trading in the 19.30 - 26.20 range, which is quite wide. It is currently trading near the lows of this range.
UVXY has an average volume of 16854500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UVXY has a poor technical rating and the quality of the setup is also not perfect 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
17.29
40.93
When analyzing the support we notice one important area.
- Support @17.46 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @22.59 from a horizontal line in the daily time frame.
- Resistance @33.52 from a trend line in the weekly time frame.
- Resistance @40.52 from a horizontal line in the weekly 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 UVXY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UVXY is down. |
| ChartMill Relative Strength | 16.11 | NEGATIVE | UVXY has a low relative strength, it was outperformed by 83.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UVXY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of UVXY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of UVXY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.02 | NEUTRAL | The RSI value for UVXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests UVXY has a positive trend. |
| Stochastics (14,3) | 8.06 | OVERSOLD | The low Stochastics value suggests UVXY may be oversold. |
| Average True Range in percent/ATR (20) | 6.87 | HIGH VOLATILITY | The high ATR as a percentage value for UVXY suggests high volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for UVXY suggests a weak or negative 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)
20.4
+0.21 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.04%
1 Week-4.4%
2 Weeks-8.77%
1 Month-5.12%
3 Month-14.25%
6 Month6.92%
12 Month-17.17%
2 Year-77.93%
3 Year-97.19%
5 Year-99.88%
10 Year-100%
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%6.87%
ATR Inc-34.15%
Range Today1.57
ADR(20)1.19
ADR(20)%5.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.11
Mansfield-2.1
10 Day High23.89
10 Day Low19.3
20 Day High26.2
20 Day Low19.3
52 Week High65.87
52 Week Low17.27
CS1 End17.46
CR1 Start22.59
Volume & EV
DER(3)-1.26%
DER(5)-1.46%
Volume24.62M
Volume Incr11.52%
Vol(5)16.70M
Vol(50)16.85M