Stock Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Velocityshares Daily 2X VIX SH (NASDAQ:TVIX)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for TVIX
The long term trend has been DOWN since Nov 18th, 2019 at 6.9138
The intermediate term trend has been DOWN since Nov 18th, 2019 at 6.9138
The short term trend has been DOWN since Jan 2nd, 2020 at 49.2768
Smart Scan Analysis for TVIX
Based on a pre-defined weighted trend formula for chart analysis, TVIX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||154.7||Year High Date||2018-02-06|
|Year Low||24.74||Year Low Date||2018-10-01|
|52wk High||568.3||52wk High Date||2019-01-23|
|52wk Low||43.51||52wk Low Date||2020-01-10|
|Average Volume||6,290,271||Market Cap||847M|