VS VIX Short Term (VIIX) Technical Analysis
NASDAQ:VIIX
Current stock price
VIIX Technical Rating and Analysis
Overall VIIX gets a technical rating of 2 out of 10. VIIX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- VIIX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month VIIX has a been trading in the 61.20 - 94.95 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, VIIX outperforms 63% of them, which is more or less in line with the market.
VIIX Weekly and Daily overview Charts
VIIX Setup Rating and Analysis
VIIX 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
VIIX Support and Resistance Analysis
61.22
We found 1 important support area.
- A support zone ranging from 61.84 to 61.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 68.50 to 68.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 74.29 to 76.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
VIIX 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 | NEUTRAL | NEUTRAL | The long term trend for VIIX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIIX is down. |
| ChartMill Relative Strength | 63.59 | NEUTRAL | VIIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of VIIX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.62 | NEUTRAL | The RSI value for VIIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests VIIX has a negative trend. |
| Stochastics (14,3) | 4.97 | OVERSOLD | The low Stochastics value suggests VIIX may be oversold. |
| Average True Range in percent/ATR (20) | 9.31 | HIGH VOLATILITY | The high ATR as a percentage value for VIIX suggests high volalility. |
VIIX Chart- and CandleStick Pattern Analysis
VIIX Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:VIIX (7/2/2020, 8:00:03 PM)
68.49
-1.27 (-1.82%)
VS VIX Short Term / VIIX TA FAQ
Can you provide the ChartMill technical rating for VS VIX Short Term?
ChartMill assigns a technical rating of 2 / 10 to VIIX.
Can you provide the trend direction for VS VIX Short Term?
The current trend direction for VS VIX Short Term (VIIX) is Bearish.
What is the RSI signal for VIIX stock?
VS VIX Short Term (VIIX) has an RSI value of 42.6182. This indicates that the stock is currently neutral.
What is the short term momentum for VIIX stock?
The short term momentum for VS VIX Short Term (VIIX) is negative.
What are the support and resistance levels for VS VIX Short Term (VIIX) stock?
VS VIX Short Term (VIIX) has a support level at 61.84 and a resistance level at 68.5. Check the full technical report for our detailed analysis of VIIX support and resistance levels.