VXZ iPath® B S&P 500® VIX Md-Trm Futs™ ETN Forecast, Technical & Fundamental Analysis
VXZ's RSI Indicator ascending out of oversold territory
The RSI Indicator for VXZ moved out of oversold territory on November 29, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 23 similar instances when the indicator left oversold territory. In of the 23 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 70 cases where VXZ'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 VXZ just turned positive on December 04, 2023. Looking at past instances where VXZ's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on November 01, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on VXZ as a result. In of 97 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
VXZ moved below its 50-day moving average on November 02, 2023 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for VXZ crossed bearishly below the 50-day moving average on November 09, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 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 VXZ 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 VXZ entered a downward trend on December 04, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.