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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ProShares Short VIX Short-Term Futures ETF (BATS:SVXY)
Long-Term Downtrend (-90) - SVXY is in a strong downtrend that is likely to continue. While SVXY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for SVXY
The long-term trend has been DOWN since Apr 11th, 2024 at 100.18
The intermediate-term trend has been DOWN since Jul 19th, 2024 at 60.11
The short-term trend has been DOWN since Jul 17th, 2024 at 63.01
Smart Scan Analysis for SVXY
Based on our trend formula, SVXY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.11 | 58.88 | 57.87 | 58.80 | +1.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.16 | 1739244 | 2024-07-26 15:59:46 |
| 52wk High | 64.2197 | 52wk High Date | 2024-07-12 |
| 52wk Low | 39.22175 | 52wk Low Date | 2023-10-23 |
| Average Volume | 1,450,554 | Shares Outstanding | 19,768 |