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 4 out of 10 in our technical rating. VXX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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.
In the last month VXX has a been trading in the 50.28 - 64.99 range, which is quite wide. It is currently trading near the lows of this range.
VXX is part of the Banks industry. There are 396 other stocks in this industry. VXX outperforms 79% of them.
VXX has an average volume of 7355720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, VXX did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
VXX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 51.82, a Stop Loss order could be placed below this zone.
More info and screens
40.23
74.99
When analyzing the support we can see 4 important areas.
- A support zone ranging from 51.81 to 51.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.09 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.
- A resistance zone ranging from 55.46 to 55.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 58.80 to 58.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.25 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 | DOWN | NEGATIVE | The short term trend for VXX is down. |
| ChartMill Relative Strength | 86.5 | POSITIVE | VXX has a high relative strength, it outperformed 86.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of VXX is below the rising 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) | 44.08 | NEUTRAL | The RSI value for VXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests VXX has a positive trend. |
| Stochastics (14,3) | 32.48 | NEUTRAL | The Stochastics value for VXX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for VXX suggests high volalility. |
| Average Directional Index/ADX (14) | 13.78 | 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)
53.83
+0.28 (+0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.52%
1 Week-2.3%
2 Weeks3.38%
1 Month-15.12%
3 Month17.46%
6 Month26.41%
12 Month16.72%
2 Year-60.95%
3 Year-85.09%
5 Year-97.46%
10 Year-99.81%
15 Year-100%
Volatility
ATR(14)2.92
ATR(20)%5.08%
ATR Inc-13.41%
Range Today2.7
ADR(20)2.15
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
CRS86.5
Mansfield0.32
10 Day High59.36
10 Day Low51.24
20 Day High64.99
20 Day Low50.29
52 Week High91.19
52 Week Low39.98
CS1 End51.82
CR1 Start55.46
Volume & EV
DER(3)2.72%
DER(5)-0.3%
Volume4.63M
Volume Incr-5.34%
Vol(5)4.31M
Vol(50)7.36M