IPATH SERIES B S&P 500 VIX (VXX) Stock Technical Analysis
NYSEARCA:VXX - NYSE Arca - US06748M1962 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to VXX. VXX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, VXX is a bad performer in the overall market: 90% of all stocks are doing better.
VXX is one of the lesser performing stocks in the Banks industry. 96% of 394 stocks in the same industry do better.
VXX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
VXX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
VXX has an average volume of 4547810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of VXX is bad and it also does not present a 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
40.22
72.08
3 important support areas can be observed.
- A support zone ranging from 45.14 to 45.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.47 from a trend line in the weekly time frame.
- A support zone ranging from 40.63 to 40.64. 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 45.86 to 46.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @49.43 from a trend line in the daily time frame.
- Resistance @71.37 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 VXX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VXX is down. |
| ChartMill Relative Strength | 10.17 | NEGATIVE | VXX has a low relative strength, it was outperformed by 89.83% 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) | DOWN | NEGATIVE | The current price of VXX is below a declining 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) | 37.21 | NEUTRAL | The RSI value for VXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests VXX has a positive trend. |
| Stochastics (14,3) | 23.81 | NEUTRAL | The Stochastics value for VXX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for VXX suggests some volalility. |
| Average Directional Index/ADX (14) | 9.76 | 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)
45.85
-0.06 (-0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.13%
1 Week2%
2 Weeks-4.3%
1 Month-15.44%
3 Month-35.73%
6 Month4.3%
12 Month-0.59%
2 Year-49.28%
3 Year-86.32%
5 Year-97.49%
10 Year-99.79%
15 Year-100%
Volatility
ATR(14)1.2
ATR(20)%3.28%
ATR Inc61.03%
Range Today0.53
ADR(20)1.25
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.17
Mansfield-1.76
10 Day High48.97
10 Day Low44.69
20 Day High55.57
20 Day Low44.69
52 Week High91.19
52 Week Low41.04
CS1 End45.45
CR1 Start45.86
Volume & EV
DER(3)3.49%
DER(5)2.27%
Volume2.80M
Volume Incr-5.54%
Vol(5)4.72M
Vol(50)4.55M