Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

ProShares VIX Mid-Term Futures ETF (BATS:VIXM)

Long-Term Downtrend (-90) - VIXM is in a strong downtrend that is likely to continue. While VIXM 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 VIXM?

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

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

BATS_VIXM
Open High Low VIXM Price Change
15.620 15.698 15.570 15.651 +0.031
Entry Signal

MarketClub’s Trade Triangles for VIXM

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 18.1200

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 15.7700

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 16.3737

Smart Scan Analysis for VIXM

Based on our trend formula, VIXM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for VIXM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.620 15.698 15.570 15.651 +0.031
Prev. Close Volume Bid Ask Time
15.620 25992 2024-04-24 11:35:23
52wk High27.9652wk High Date2023-05-04
52wk Low15.391652wk Low Date2024-01-24
Average Volume412,067Shares Outstanding2,012
Get a free daily analysis and signals for ProShares VIX Mid-Term Futures ETF (VIXM) - Request Your Free Report.