UBS E-TRACS Daily Long-Short VIX ETN (XVIX) Stock Technical Analysis
NYSEARCA:XVIX - NYSE Arca -
Taking everything into account, XVIX scores 8 out of 10 in our technical rating. Although XVIX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: XVIX has an average volume of 688 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
A new 52 week high is currently being made by XVIX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month XVIX has a been trading in the 16.90 - 18.77 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, XVIX outperforms 69% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Although XVIX has an excellent technical rating, it does not present a decent entry opportunity 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
16.14
18.97
3 important support areas can be observed.
- A support zone ranging from 17.31 to 17.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.72 to 16.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.78 to 18.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for XVIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XVIX is up. |
| ChartMill Relative Strength | 69.32 | NEUTRAL | XVIX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XVIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XVIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XVIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.09 | OVERBOUGHT | The high RSI value suggests XVIX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests XVIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests XVIX may be overbought. |
| Average True Range in percent/ATR (20) | 0.67 | LOW VOLATILITY | The low ATR as a percentage value for XVIX suggests low volalility. |
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)
UBS E-TRACS Daily Long-Short VIX ETN
NYSEARCA:XVIX (8/17/2016, 8:35:13 PM)
18.77
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week1.79%
2 Weeks4.1%
1 Month11.07%
3 Month10.74%
6 Month18.35%
12 Month7.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.67%
ATR Inc-100%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.32
Mansfield0.52
10 Day High18.77
10 Day Low18
20 Day High18.77
20 Day Low16.9
52 Week High18.77
52 Week Low15.29
CS1 End17.53
CR1 Start18.78
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-90.57%
Vol(5)100
Vol(50)688