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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 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.
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MarketClub’s Trade Triangles for VIXM
The long-term trend has been DOWN since Nov 9th, 2023 at 18.1200
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 15.7700
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.7400 | 15.7600 | 15.6399 | 15.7300 | -0.1700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.9000 | 3594544 | 2024-04-23 12:51:27 |
| 52wk High | 27.96 | 52wk High Date | 2023-05-04 |
| 52wk Low | 15.3916 | 52wk Low Date | 2024-01-24 |
| Average Volume | 226,635 | Shares Outstanding | 2,012 |