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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)

Sidelines Mode (+55) - SVXY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SVXY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SVXY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

BATS_SVXY
Open High Low SVXY Price Change
50.89 51.00 49.07 50.01 -0.89
Entry Signal

MarketClub’s Trade Triangles for SVXY

long term down The long-term trend has been DOWN since Apr 11th, 2024 at 100.18

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 49.21

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 51.43

Smart Scan Analysis for SVXY

Based on our trend formula, SVXY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SVXY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.89 51.00 49.07 50.01 -0.89
Prev. Close Volume Bid Ask Time
50.04 2380795 2024-11-20 15:59:33
52wk High64.219752wk High Date2024-07-12
52wk Low38.600152wk Low Date2024-08-05
Average Volume1,763,526Shares Outstanding19,768
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