Stock Trend Analysis Report
Prepared for you on Saturday, January 23, 2021.
PROSHARES VIX MID-TERM FUTURES (BATS:VIXM)
Crossroads (+60) - VIXM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for VIXM
The long-term trend has been DOWN since Dec 23rd, 2020 at 36.835
The intermediate-term trend has been UP since Jan 21st, 2021 at 38.500
The short-term trend has been UP since Jan 11th, 2021 at 37.230
Smart Scan Analysis for VIXM
Based on our trend formula, VIXM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).