Stock Trend Analysis Report
Prepared for you on Wednesday, December 6, 2023.
2x Long VIX Futures ETF (BATS:UVIX)
Sidelines Mode (-55) - UVIX 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 UVIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for UVIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UVIX
The long-term trend has been UP since Oct 11th, 2023 at 5.891
The intermediate-term trend has been DOWN since Nov 6th, 2023 at 26.330
The short-term trend has been UP since Dec 4th, 2023 at 18.265
Smart Scan Analysis for UVIX
Based on our trend formula, UVIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||45.82||52wk High Date||2023-10-23|
|52wk Low||2.6||52wk Low Date||2023-09-15|