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SVIX Stock Tickeron detected bearish ETF Pattern: Triangle Symmetrical Top SVIX on February 20, 2025, netting in a 13.91% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+13.91% Gain from a Successful pattern Triangle Symmetrical Top
SVIX - -1x Short VIX Futures ETF
Tickeron
Ticker: SVIX
Company: -1x Short VIX Futures ETF
Gain from shortening: +13.91%
Confirmed: 02/20/25
Succeeded: 03/03/25
Total length: 20 days
On February 11, 2025, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for -1x Short VIX Futures ETF (SVIX, $26.03). 9 days later, on February 20, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On March 03, 2025, the stock hit the target price of $22.77 – resulting in a +1 gain for traders who shorted the stock on the pattern detection date.

Momentum Indicator for SVIX turns negative, indicating new downward trend

SVIX saw its Momentum Indicator move below the 0 level on March 28, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 53 similar instances where the indicator turned negative. In of the 53 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day moving average for SVIX crossed bearishly below the 50-day moving average on February 27, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 7 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SVIX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for SVIX entered a downward trend on March 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where SVIX's RSI Oscillator exited the oversold zone, of 14 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 32 cases where SVIX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for SVIX just turned positive on March 19, 2025. Looking at past instances where SVIX's MACD turned positive, the stock continued to rise in of 27 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SVIX advanced for three days, in of 267 cases, the price rose further within the following month. The odds of a continued upward trend are .

SVIX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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