IPATH SERIES B S&P 500 VIX (VXX) Stock Technical Analysis
NYSEARCA:VXX - NYSE Arca - US06748M1962 - ETF - Currency: USD
Taking everything into account, VXX scores 3 out of 10 in our technical rating. Although VXX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
VXX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so VXX is lagging the market.
Looking at the yearly performance, VXX did better than 75% of all other stocks.
VXX has an average volume of 5753580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
VXX is part of the Banks industry. There are 395 other stocks in this industry, VXX did better than 66% of them.
In the last month VXX has a been trading in the 48.67 - 59.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, VXX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 52.78, a Stop Loss order could be placed below this zone.
More info and screens
40.23
73.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 52.19 to 52.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 50.07 to 51.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.31 from a trend line in the weekly time frame.
- Support @41.76 from a horizontal line in the daily time frame.
- Support @40.64 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @53.85 from a trend line in the daily time frame.
- A resistance zone ranging from 55.16 to 55.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.60 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 | NEUTRAL | NEUTRAL | The long term trend for VXX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for VXX is neutral. |
| ChartMill Relative Strength | 75.81 | POSITIVE | VXX has a high relative strength, it outperformed 75.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of VXX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VXX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of VXX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.4 | NEUTRAL | The RSI value for VXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.49 | POSITIVE | The MACD value suggests VXX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.68 | NEUTRAL | The Stochastics value for VXX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for VXX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.88 | NEGATIVE | The low ADX value for VXX 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)
52.79
-0.67 (-1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.25%
1 Week-4.28%
2 Weeks3.9%
1 Month-4.19%
3 Month2.66%
6 Month18.82%
12 Month20.86%
2 Year-47.21%
3 Year-85.7%
5 Year-97.57%
10 Year-99.8%
15 Year-100%
Volatility
ATR(14)2.44
ATR(20)%4.94%
ATR Inc7.51%
Range Today2.96
ADR(20)2.11
ADR(20)%3.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.81
Mansfield-0.12
10 Day High56.01
10 Day Low48.67
20 Day High59.36
20 Day Low48.67
52 Week High91.19
52 Week Low39.98
CS1 End52.78
CR1 Start53.85
Volume & EV
DER(3)0.93%
DER(5)0.86%
Volume6.52M
Volume Incr43.42%
Vol(5)6.62M
Vol(50)5.75M