Technical Analysis for SVOL - Simplify Volatility Premium ETF

Grade Last Price % Change Price Change
A 22.49 0.72% 0.16
SVOL closed up 0.72 percent on Friday, May 3, 2024, on 66 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Crossed Above 20 DMA Bullish 0.72%
Gapped Up Strength 0.72%
20 DMA Resistance Bearish 1.44%
Outside Day Range Expansion 1.44%
Fell Below 20 DMA Bearish 1.53%

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Profile

The investment seeks to provide investment results, before fees and expenses, that correspond to approximately one-fifth to three-tenths the inverse (-0.2x to -0.3x) of the performance of the S&P 500 VIX short-term futures index while also seeking to mitigate extreme volatility. In pursuing its investment objective, the fund primarily purchases or sells futures contracts, call options, and put options on VIX futures. The fund will hold cash, cash-like instruments or high-quality short term fixed income securities. Up to twenty percent of the fund?s net assets will be subject to the fund?s option overlay to mitigate against extreme volatility.
Classification

Keywords: Exchange Traded Fund Technical Analysis Volatility VIX S&P/Asx 200 Vix

Top 10 Components

Symbol Grade Price % Change Allocation
BUCK D 0.00 11.38

Is SVOL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 22.92
52 Week Low 19.2507
Average Volume 749,654
200-Day Moving Average 21.84
50-Day Moving Average 22.48
20-Day Moving Average 22.19
10-Day Moving Average 22.27
Average True Range 0.22
RSI (14) 55.95
ADX 18.6
+DI 24.27
-DI 25.04
Chandelier Exit (Long, 3 ATRs) 21.93
Chandelier Exit (Short, 3 ATRs) 22.30
Upper Bollinger Bands 22.62
Lower Bollinger Band 21.76
Percent B (%b) 0.85
BandWidth 3.87
MACD Line -0.04
MACD Signal Line -0.09
MACD Histogram 0.0475
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.67
Resistance 3 (R3) 22.65 22.57 22.64
Resistance 2 (R2) 22.57 22.52 22.58 22.63
Resistance 1 (R1) 22.53 22.50 22.55 22.55 22.62
Pivot Point 22.45 22.45 22.46 22.46 22.45
Support 1 (S1) 22.41 22.40 22.43 22.43 22.36
Support 2 (S2) 22.33 22.38 22.34 22.35
Support 3 (S3) 22.29 22.33 22.34
Support 4 (S4) 22.31