iPATH S&P 500 VIX Mid-Term Futures ETN Rising Today on Above-Average Volume (VXZ)
Shares of iPATH S&P 500 VIX Mid-Term Futures ETN are trading up 1.7% to $11.81 today on above average volume. Approximately 372,000 shares have changed hands today vs. average 30-day volume of 334,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.
SmarTrend recommended that its subscribers protect gains by selling shares of iPATH S&P 500 VIX Mid-Term Futures ETN on March 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $12.11. Since that call, shares of iPATH S&P 500 VIX Mid-Term Futures ETN have fallen 4.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
In the past 52 weeks, shares of iPATH S&P 500 VIX Mid-Term Futures ETN have traded between a low of $10.08 and a high of $14.54 and are now at $11.69, which is 16% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has risen 0.2%.
Keywords: unusual volume ipath s&p 500 vix mid-term futures etn