TVIX stock: buy or sell?

TVIX stock price: $10.69 -0.74% At close on October 18th, 2019

Updated on:
October 18th, 2019

1

Credit Suisse shares decreased -0.74% to $10.69 on Oct 18th. October 18th was the 5th red session in a row, sliding in full a -13.03%. On Tuesday TVIX plunged a spooky -7.31%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to 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, therefore 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 fall 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 30 days.

TVIX stock analysis

Daily outlook

Credit Suisse ended on Oct/18 at $10.69 and decreased a lame -0.74%.

Shares of Credit Suisse closed on October/18 at $10.69 and decreased a lame -0.74%.

TVIX stock chart (daily)

Weekly outlook

Credit Suisse closed this week at $10.69 and collapsed a scary -14.68%. Late September TVIX climbed a super good 8.46% in just one week. This was the 3rd red week in a row, sliding in full a -27.63%.

Since price and 40-weeks moving average lines crossed down by mid January, TVIX fell $-38.75 per share (-78.38%). Stocks under the 200d moving average line are usually not recommended for average traders.

TVIX stock chart (weekly)

TVIX stock price history

TVIX IPO was on July 31st, 2014 at $79,500.00 per share1. Since then, TVIX stock lost 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, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price target 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 always 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

Friday, October 18th, 2019
Open$10.87
Close$10.69
Day range$10.52 - $11.20
Previous close$10.77
Session gain-0.74%
Average true range$1.35
50d mov avg$15.57
100d mov avg$16.86
200d mov avg$24.01
Daily pattern
Weekly pattern lt03c

Credit Suisse performance

To better understand Credit Suisse performance you must compare its gains with other related stocks in same sector or industry. We compared Credit Suisse against in the following table:
Stock3m6m12m
TVIXCredit Suisse-28.73%-45.79%-74.07%

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.