PROSHARES VIX MID-TERM FUT (VIXM) Stock Technical Analysis
NYSEARCA:VIXM - NYSE Arca - US74347W3381 - ETF - Currency: USD
Overall VIXM gets a technical rating of 6 out of 10. In the last year, VIXM was one of the better performers, but we do observe some doubts in the very recent evolution.
When comparing the yearly performance of all stocks, we notice that VIXM is one of the better performing stocks in the market, outperforming 81% of all stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
VIXM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VIXM is lagging the market slightly.
In the last month VIXM has a been trading in the 15.80 - 17.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
VIXM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 16.93, a Stop Loss order could be placed below this zone.
More info and screens
13.73
19.10
6 important support areas can be observed.
- A support zone ranging from 16.54 to 16.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.00 to 16.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.48 from a trend line in the daily time frame.
- Support @14.58 from a horizontal line in the daily time frame.
- Support @14.28 from a horizontal line in the daily time frame.
- A support zone ranging from 13.87 to 13.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @18.60 from a trend line in the weekly time frame.
- Resistance @18.91 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 | UP | POSITIVE | The long term trend for VIXM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIXM is down. |
| ChartMill Relative Strength | 81.75 | POSITIVE | VIXM has a high relative strength, it outperformed 81.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VIXM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VIXM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of VIXM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.98 | NEUTRAL | The RSI value for VIXM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests VIXM has a positive trend. |
| Stochastics (14,3) | 66.15 | NEUTRAL | The Stochastics value for VIXM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for VIXM suggests some volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for VIXM 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.94 | 16.53 | 0.41 (2.40%) | 25.00% |
| An entry @16.94. This is a Buy Stop order right above the 10 day moving average. | An exit @16.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.41 points, which is 2.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.60%. |
- The distance between exit and entry is rather small compared to the average daily movement of VIXM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:VIXM (6/5/2025, 1:00:38 PM)
16.917
-0.04 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.25%
1 Week1.07%
2 Weeks3.79%
1 Month-4.88%
3 Month7.27%
6 Month21.06%
12 Month20.6%
2 Year-17.17%
3 Year-52.06%
5 Year-57.85%
10 Year-68.77%
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.18%
ATR Inc-38.34%
Range Today0.24
ADR(20)0.31
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.75
Mansfield0.57
10 Day High17.45
10 Day Low16.41
20 Day High17.95
20 Day Low15.8
52 Week High19.92
52 Week Low13.68
CS1 End16.93
CR1 Start18.6
Volume & EV
DER(3)-1.46%
DER(5)-1.72%
Volume13.35K
Volume Incr-51.13%
Vol(5)62.70K
Vol(50)190.44K