PROSHARES VIX SHORT-TERM FUT (VIXY) Stock Technical Analysis
NYSEARCA:VIXY - US74347Y7307 - ETF
35.26 USD
+0.71 (+2.05%)
35.3 USD
+0.04 (+0.11%)
We assign a technical rating of 0 out of 10 to VIXY. VIXY 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.
92% of all other stocks performed better in the past year than VIXY.
VIXY is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month VIXY has a been trading in the 34.34 - 43.60 range, which is quite wide. It is currently trading near the lows of this range.
VIXY has an average volume of 1512670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VIXY 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
34.77
67.82
When analyzing the support we notice one important area.
- A support zone ranging from 35.12 to 35.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.95 to 38.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.82 from a horizontal line in the daily time frame.
- Resistance @67.15 from a trend 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 VIXY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VIXY is down. |
| ChartMill Relative Strength | 8.01 | NEGATIVE | VIXY has a low relative strength, it was outperformed by 91.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VIXY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VIXY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VIXY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.25 | NEUTRAL | The RSI value for VIXY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests VIXY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.02 | OVERSOLD | The low Stochastics value suggests VIXY may be oversold. |
| Average True Range in percent/ATR (20) | 3.8 | MEDIUM VOLATILITY | The ATR as a percentage value for VIXY suggests some volalility. |
| Average Directional Index/ADX (14) | 25.69 | POSITIVE | The high ADX value value for VIXY suggests a strong 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)
35.26
+0.71 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.05%
1 Week0.2%
2 Weeks-7.14%
1 Month-21.22%
3 Month-33.18%
6 Month-21.24%
12 Month-19.86%
2 Year-59.04%
3 Year-87.92%
5 Year-97.99%
10 Year-99.88%
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%3.8%
ATR Inc-20.3%
Range Today1.27
ADR(20)1.2
ADR(20)%3.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.01
Mansfield-3.47
10 Day High39.03
10 Day Low34.34
20 Day High43.6
20 Day Low34.34
52 Week High89.14
52 Week Low34.34
CS1 End35.18
CR1 Start37.95
Volume & EV
DER(3)0.68%
DER(5)0.08%
Volume2.27M
Volume Incr-19.67%
Vol(5)1.52M
Vol(50)1.51M