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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

-1x Short VIX Futures ETF (BATS:SVIX)

Weak Downtrend (-65) - SVIX is showing signs of a strengthening downtrend. Monitor SVIX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SVIX?

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

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

BATS_SVIX
Open High Low SVIX Price Change
47.0500 48.0400 46.8005 47.3600 +0.2000
Entry Signal

MarketClub’s Trade Triangles for SVIX

long term up The long-term trend has been UP since May 9th, 2024 at 43.38

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2024 at 45.86

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 49.63

Smart Scan Analysis for SVIX

Based on our trend formula, SVIX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SVIX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.0500 48.0400 46.8005 47.3600 +0.2000
Prev. Close Volume Bid Ask Time
47.3000 710558 2024-07-23 15:59:37
52wk High51.5952wk High Date2024-07-12
52wk Low22.58552wk Low Date2023-10-27
Average Volume734,563
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