TVIX stock: buy or sell?

TVIX stock price: $63.65 -6.78% At close on December 6th, 2019

Updated on:
December 6th, 2019

1

Credit Suisse shares collapsed -6.78% to $63.65 today. On Tuesday TVIX skyrocketed a dazzling 11.06%. Friday was the 3rd red session in a row, sliding in full a -19.78%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

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 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?

Financial institutions and banks publish stock ratings everyday. Unfortunately, we couldn't detect any rating for TVIX stock for the last month.

TVIX stock analysis

Daily outlook

Credit Suisse shares collapsed -6.78% to $63.65 today.

Shares of Credit Suisse collapsed a chilling -6.78% and closed at $63.65.

TVIX stock chart (daily)

Weekly outlook

After sliding a hair-raising -11.36% in a week last week, Credit Suisse closed this week at $63.65 and raised a fine 1.84%. This week broke a streak of 4 declining weeks.

Since price and 40-weeks moving average lines crossed down by mid January, TVIX fell $-430.75 per share (-87.13%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

TVIX stock chart (weekly)

TVIX stock price history

TVIX IPO was on August 21st, 2015 at $189,500.00 per share1. Since then, TVIX stock sliced a -100.00%, with a yearly average of -25.00%.

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

TVIX stock historical price chart

TVIX stock reached 52-week highs on December at $865.00, and all-time highs 2015-09-01 with a price of 497500.

TVIX stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 30 days we have not found 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 stock, it's worth to have a look its ownership structure.

Credit Suisse shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

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, December 6th, 2019
Open$63.22
Close$63.65
Day range$62.53 - $65.50
Previous close$68.28
Session gain-6.78%
Average true range$5.50
50d mov avg$97.59
100d mov avg$130.48
200d mov avg$180.76
Daily pattern
Weekly pattern lb06a

Credit Suisse performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We picked as the bechmarking frame for Credit Suisse stock.
Stock3m6m12m
TVIXCredit Suisse-57.65%-71.08%-88.01%

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.