IPATH SERIES B S&P 500 VIX (VXX) Technical Analysis
NYSEARCA:VXX • US06748M1962
Taking everything into account, VXX scores 5 out of 10 in our technical rating. In the past year, VXX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 78% of all other stocks performed better in the past year than VXX.
- VXX is one of the lesser performing stocks in the Banks industry. 91% of 381 stocks in the same industry do better.
- VXX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- VXX has an average volume of 11694600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month VXX has a been trading in the 26.48 - 37.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
VXX has an average technical rating and it also does not offer a high quality setup 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
25.49
2 important support areas can be observed.
- A support zone ranging from 27.89 to 28.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @25.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 35.68 to 35.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.27 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for VXX is up. |
| ChartMill Relative Strength | 22.02 | NEGATIVE | VXX has a low relative strength, it was outperformed by 77.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of VXX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of VXX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.07 | NEUTRAL | The RSI value for VXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.56 | POSITIVE | The MACD value suggests VXX has a positive trend. |
| Stochastics (14,3) | 70.66 | NEUTRAL | The Stochastics value for VXX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for VXX suggests high volalility. |
| Average Directional Index/ADX (14) | 36.53 | POSITIVE | The high ADX value value for VXX suggests a strong trend. |
VXX Technicals: Chart, Performance Metrics, Trend & Indicators
33.71
+1.43 (+4.43%)
IPATH SERIES B S&P 500 VIX / VXX FAQ
What is the technical rating for VXX stock?
ChartMill assigns a technical rating of 5 / 10 to VXX.
What is the current trend direction of IPATH SERIES B S&P 500 VIX (VXX) stock?
The current trend direction for IPATH SERIES B S&P 500 VIX (VXX) is Bearish.
What is the RSI signal for VXX stock?
IPATH SERIES B S&P 500 VIX (VXX) has an RSI value of 62.0665. This indicates that the stock is currently neutral.
What is the support and resistance level for VXX stock?
IPATH SERIES B S&P 500 VIX (VXX) has a support level at 28.09 and a resistance level at 35.68. Check the full technical report for our detailed analysis of VXX support and resistance levels.