Overall VXZ gets a technical rating of 0 out of 10. VXZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of VXZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
47.30
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for VXZ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VXZ is down. |
| ChartMill Relative Strength | 34.66 | NEUTRAL | VXZ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VXZ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VXZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VXZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.03 | OVERSOLD | The low RSI value suggests VXZ may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests VXZ has a negative trend. |
| Stochastics (14,3) | 12.39 | OVERSOLD | The low Stochastics value suggests VXZ may be oversold. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for VXZ suggests low volalility. |
| Average Directional Index/ADX (14) | 26.89 | POSITIVE | The high ADX value value for VXZ suggests a strong trend. |
52.95
-1.11 (-2.05%)
ChartMill assigns a technical rating of 0 / 10 to VXZ.
The current trend direction for IPATH SER B S&P 500 VIX M/T (VXZ) is Bearish.
IPATH SER B S&P 500 VIX M/T (VXZ) has an RSI value of 28.0267. This indicates that the stock is currently oversold.
The short term momentum for IPATH SER B S&P 500 VIX M/T (VXZ) is negative.
The buy/sell signal for IPATH SER B S&P 500 VIX M/T (VXZ) is sell as both the short term and long term trends are negative.