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Mirrored ProShares VIX (MVIXY): How Does it Rank Friday on Long-Term Trading Metrics?

Friday, January 21, 2022 07:49 PM | InvestorsObserver Analysts
Mirrored ProShares VIX (MVIXY): How Does it Rank Friday on Long-Term Trading Metrics?

InvestorsObserver gives Mirrored ProShares VIX a strong long-term technical score of 100 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. mVIXY at this time has a superior long-term technical analysis score than 100% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

Long-Term Technical - 100
InvestorsObserver is giving Mirrored ProShares VIX a 100 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Mirrored ProShares VIX!

Trading Analysis

mVIXY is currently $9.9600000 (108.29%) above its 100-day moving average price of $9.200000000 with its current price of $19.160000000. Meanwhile, Mirrored ProShares VIX is $11.7200000 (109.72%) above its 52-week low price of $7.440000000 and -$2.33000000 (42.63%) below its 52-week high of $21.500000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 100. Trends for the long-term trading history of Mirrored ProShares VIX suggest that traders are currently neutral on the token. Mirrored ProShares VIX has a market capitalization of $42,241,368.05 and a relatively average average daily volume with $8,698,049.29 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, mVIXY's volume is below its seven day average with 1,185,597.88 exchanged.

Summary

Trading patterns over the last year for Mirrored ProShares VIX leads to the token's a strong long-term technical score of 100 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on Mirrored ProShares VIX (mVIXY).

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