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ProShares Short VIX Short Term Futures ETF (SVXY) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneHammerThu, 09 Nov 2017-1.89%
***Stock database and scans are updated around midnight (New York time) every trading day.
105.01 0.00 (0%) Nov 17 4:00pm EDT
Open: 103.59 Range: 103.35 - 105.77 Vol: 5.9M Avg Vol: 6.66M
EPS: 0.00 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "SVXY" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 103.02
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 105.18
Last Trade is above the 50 day moving average at 98.85
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 80.79
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SVXY

ETF Trend Analysis - Buy, Sell or Hold "ProShares Short VIX Short Term Futures ETF" (SVXY)?

SVXY is in a very strong uptrend. In the last 52 weeks, SVXY has been trading above the 200 day moving average for 85% of the time with an average daily volume of 6.7M shares being traded. The 50 day moving average, currently at 98.85, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average confirms this view as the underlying strength in SVXY is still very strong with price maintaining above the 20 SMA for 80% of the time in the last month of trading. Traders however need to be cognizant of the fact that some retracement may set in as many may use the strength in price to lock in profits. Traders who are thinking of going long SVXY shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 98.85 and 80.79 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SVXY".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance