TVIX stock: buy or sell?

TVIX stock price: $16.55 2.99% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

1

After sliding a scary -10.21% yesterday, Credit Suisse closed today at $16.55 and rose an excellent 2.99%. On August/14 TVIX skyrocketed a dazzling 20.91%.

The investment seeks to replicate, net of expenses, the returns of twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures index.

Should I buy TVIX stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Credit Suisse stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TVIX will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Credit Suisse stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for TVIX stock for the last month.

TVIX stock analysis

Daily outlook

After sliding a scary -10.21% yesterday, Credit Suisse closed today at $16.55 and rose an excellent 2.99%.

After sliding a scary -10.21% yesterday, Credit Suisse closed today at $16.55 and rose an excellent 2.99%.

TVIX stock chart (daily)

Weekly outlook

Shares of Credit Suisse closed this week at $16.55 and plummed a frightening -16.37%. Early August TVIX skyrocketed an amazing 6.17% in just one week.

Since price and 40-weeks moving average lines crossed down by mid January, TVIX fell $-32.89 per share (-66.53%). Stocks under the 40-weeks moving average line are usually not recommended for average traders.

TVIX stock chart (weekly)

TVIX stock price history

TVIX stock went public on July 31st, 2014 with a price of $79,500.001. Since then, TVIX stock sliced a -100.00%, with a yearly average of -20.00%.

1: Adjusted price after possible price splits or reverse-splits.

TVIX stock historical price chart

TVIX stock reached 52-week highs on December at $86.50, and all-time highs 2014-10-16 with a price of 153750.

TVIX stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' TVIX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price prediction for Credit Suisse stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

TVIX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a

Credit Suisse ownership

When you are planning to buy a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Credit Suisse, of all outstanding shares are owned by its staff.

The following table compares ownership indicators for other stocks related to Credit Suisse:

TVIX
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

TVIX summary

Thursday, August 22nd, 2019
Open$15.88
Close$16.55
Day range$15.78 - $17.48
Previous close$16.07
Session gain2.99%
Average true range$2.90
50d mov avg$17.36
100d mov avg$20.08
200d mov avg$31.57
Daily patternlt06c
Weekly pattern lt03a

Credit Suisse performance

To better understand Credit Suisse performance you must becnhmark its gains with other related stocks in same sector or industry. We selected as the bechmarking frame for Credit Suisse stock.
Stock3m6m12m
TVIXCredit Suisse-26.57%-43.59%-46.92%

Credit Suisse competitors

Unfortunately, we could not find any public company that could be defined as Credit Suisse competitor. This doesn't mean Credit Suisse does not have any competitor in the market, it's just we could not detected it.