VS VIX Short Term (VIIX) Stock Technical Analysis
USA - NASDAQ:VIIX -
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 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.
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61.22
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 2 important areas.
- 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.
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. |
NASDAQ:VIIX (7/2/2020, 8:00:03 PM)
68.49
-1.27 (-1.82%)
VS VIX Short Term / VIIX FAQ
Can you provide the ChartMill technical rating for VS VIX Short Term?
ChartMill assigns a technical rating of 2 / 10 to VIIX.
What is the current trend direction of VS VIX Short Term (VIIX) stock?
The current trend direction for VS VIX Short Term (VIIX) is Bearish.
Can you provide the RSI signal for VS VIX Short Term?
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 VS VIX Short Term (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.