NASDAQ:TVIZ
Delisted

Daily 2X VIX Med-Term ETN Velocityshares ETF Forecast

$8.15
+0 (+0%)
At Close: Sep 19, 2018
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Daily 2X VIX Med-Term ETN Velocityshares ETF price ended at $8.15 on Wednesday, after losing 0%.
(Updated on Sep 19, 2018)

Sell candidate since Jul 31, 2018 Loss -6.27% PDF

No changes to the price of Daily 2X VIX Med-Term ETN Velocityshares ETF on the last trading day (Wednesday, 19th Sep 2018). During the last trading day the ETF fluctuated 0% from a day low at $8.15 to a day high of $8.15. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -12.76% during the next 3 months and, with a 90% probability hold a price between $6.25 and $7.74 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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TVIZ Signals & Forecast

There are few to no technical positive signals at the moment. The Daily 2X VIX Med-Term ETN Velocityshares ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $8.15 and $8.17. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, August 13, 2018, and so far it has fallen -0.426%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Daily 2X VIX Med-Term ETN Velocityshares ETF

Daily 2X VIX Med-Term ETN Velocityshares finds support from accumulated volume at $7.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the ETF tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the ETF During the last day, the ETF moved $0 between high and low, or 0%. For the last week the ETF has had daily average volatility of 0%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TVIZ) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Daily 2X VIX Med-Term ETN Velocityshares to open at $8.15, and during the day (based on 14 day Average True Range), to move between $8.11 and $8.19, which gives a possible trading interval of +/-$0.0448 (+/-0.55%) up or down from last closing price. If Daily 2X VIX Med-Term ETN Velocityshares takes out the full calculated possible swing range there will be an estimated 1.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $8.16 (0.12%) than the support at $7.95 (2.45%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Daily 2X VIX Med-Term ETN Velocityshares ETF A Buy?

Daily 2X VIX Med-Term ETN Velocityshares holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -3.270 Sell Candidate Unchanged

Predicted Opening Price for Daily 2X VIX Med-Term ETN Velocityshares of Thursday, September 20, 2018

Fair opening price September 20, 2018 Current price
$8.15 ( 0%) $8.15

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TVIZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 8.15 .
R2 8.15 .
R1 8.15 .
Current price: 8.15
Support S1 8.15 .
S2 8.15 .
S3 8.15 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.57 5.15 %
R2 8.18 0.428 %
R1 8.16 0.123 %
Current price 8.15
Support S1 7.95 -2.45%
S2 7.89 -3.19%
S3 0 .

FAQ

What is the symbol for Daily 2X VIX Med-Term ETN Velocityshares ETF and on which exchange is it traded?
The symbol for Daily 2X VIX Med-Term ETN Velocityshares is TVIZ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Daily 2X VIX Med-Term ETN Velocityshares ETF?
Daily 2X VIX Med-Term ETN Velocityshares holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

How to buy Daily 2X VIX Med-Term ETN Velocityshares ETF?
Daily 2X VIX Med-Term ETN Velocityshares ETF can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Daily 2X VIX Med-Term ETN Velocityshares ETF.

What's the current price of Daily 2X VIX Med-Term ETN Velocityshares ETF?
As of the end of day on the 2018-09-19, the price of an Daily 2X VIX Med-Term ETN Velocityshares (TVIZ) share was $8.15.

What is the 52-week high and low for Daily 2X VIX Med-Term ETN Velocityshares ETF?
The 52-week high for Daily 2X VIX Med-Term ETN Velocityshares ETF is $15.01 and the 52-week low is $7.80.
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