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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
-1x Short VIX Futures ETF (BATS:SVIX)
Bull Market Weakness (+75) - SVIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SVIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SVIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SVIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SVIX
The long-term trend has been DOWN since Apr 19th, 2024 at 34.79
The intermediate-term trend has been UP since Apr 30th, 2024 at 40.80
The short-term trend has been UP since May 3rd, 2024 at 40.90
Smart Scan Analysis for SVIX
Based on our trend formula, SVIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.9700 | 43.3500 | 42.8000 | 43.2851 | +0.3151 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.9700 | 427627 | 2024-05-08 15:59:35 |
| 52wk High | 43.38 | 52wk High Date | 2024-03-28 |
| 52wk Low | 18.15 | 52wk Low Date | 2023-05-10 |
| Average Volume | 1,599,811 |