(SVXY) ProShares Short VIX - Ratings and Ratios

The ProShares Short VIX Short-Term Futures ETF (SVXY) is designed to provide inverse exposure to the implied volatility of the S&P 500 as measured by the VIX. The ETF achieves this by shorting VIX futures contracts, allowing investors to potentially profit from declining volatility. It is structured as a trading ETF, listed on the BATS exchange, and is categorized under Trading--Miscellaneous. The fund has an assets under management (AUM) of $225.41 million, indicating moderate scale in the market.

From a technical perspective, SVXY is currently trading below its 20-day, 50-day, and 200-day moving averages, suggesting bearish momentum. The average true range (ATR) of 1.31 indicates moderate volatility, while the 20-day average volume of 1,198,696 shares reflects consistent trading activity. Key resistance levels are identified at 61.6, 55.2, 53.7, 51.7, and 50.3, while support levels are noted at 48.4 and 45.8.

Based on the provided and , the 3-month forecast for SVXY is as follows: - Technical Outlook: The ETF is currently in a downtrend, with prices below all major moving averages. The RSI is near oversold territory, which could indicate a potential rebound, but the broader trend is likely to remain bearish unless volatility spikes significantly. - Fundamental Outlook: With an AUM of $225.41M, SVXY maintains a stable investor base. However, its performance is heavily dependent on market conditions. If the VIX declines further, SVXY could see additional upside, but macroeconomic uncertainty may limit gains. Support and resistance levels will remain critical in defining near-term price action.