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 5 out of 10 to VXX. 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 - 68.47 range, which is quite wide. It is currently trading near the lows of this range.
VXX is one of the better performing stocks in the Banks industry, it outperforms 72% of 395 stocks in the same industry.
VXX has an average volume of 7531540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that VXX is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
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
40.23
74.99
4 important support areas can be observed.
- 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.
We can see 2 important resistance areas.
- 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 | NEUTRAL | NEUTRAL | The short term trend for VXX is neutral. |
| ChartMill Relative Strength | 84.87 | POSITIVE | VXX has a high relative strength, it outperformed 84.87% 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) | 42.4 | NEUTRAL | The RSI value for VXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests VXX has a negative trend. |
| Stochastics (14,3) | 36.08 | NEUTRAL | The Stochastics value for VXX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for VXX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.47 | 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)
52.88
-5.91 (-10.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-10.05%
1 Week0.78%
2 Weeks1.36%
1 Month-16.96%
3 Month15.38%
6 Month24.18%
12 Month14.66%
2 Year-61.64%
3 Year-85.35%
5 Year-97.51%
10 Year-99.81%
15 Year-100%
Volatility
ATR(14)2.97
ATR(20)%5.49%
ATR Inc100.28%
Range Today2.97
ADR(20)2.27
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.87
Mansfield0.11
10 Day High59.36
10 Day Low50.29
20 Day High68.47
20 Day Low50.29
52 Week High91.19
52 Week Low39.98
CS1 End51.82
CR1 Start58.8
Volume & EV
DER(3)-3.75%
DER(5)-2.11%
Volume5.04M
Volume Incr13.71%
Vol(5)5.38M
Vol(50)7.53M