VXN Nasdaq volatility index

VXN Nasdaq volatility index closed down by -14.91% to 21.442 on 13 January 2021 and +-1.21% on a weekly basis. VXN Nasdaq volatility index momentum was last calculated at -50.0/100 indicating negative momentum. VXN Nasdaq volatility index trend is -50.0/100 indicating a negative trend. VXN Nasdaq volatility index momentum exhaustion is -0.61 indicating VXN Nasdaq volatility index is neither oversold or overbought. VXN Nasdaq volatility index RSI is 45.94 .

VXN Nasdaq volatility index Chart

 VXN Nasdaq volatility index Chart

VXN Nasdaq volatility index Statistics

MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the VXN Nasdaq volatility index. Click here to explore the financial factors monitored and their current signals.

Click here to explore the methodology used for estimating the VXN Nasdaq volatility index trading signals presented in the VXN Nasdaq volatility index statistics table.

SecuritySymbolLastMomentumTrendOscillatorRSI1D%1W%1M%1Y%
Volatility Index - CBOE Nasdaq 100VXN20.4-0.5-0.75-0.5675945.23732.052.93-10.170.68312

EU Stock Implied Volatility (VSTOXX) closed at 21.442 on 13 January 2021. EU Stock Implied Volatility (VSTOXX) trend was last calculated at -50.0/100 (range: -100 to +100) indicating a negative trend based on MacroVar models. EU Stock Implied Volatility (VSTOXX) momentum was last calculated at -50.0/100 (range: -100 to +100) indicating negative momentum. EU Stock Implied Volatility (VSTOXX) momentum exhaustion is -0.61 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating EU Stock Implied Volatility (VSTOXX) is neither oversold or overbought. EU Stock Implied Volatility (VSTOXX) RSI was last calculated at 45.94. EU Stock Implied Volatility (VSTOXX) moving averages were last recorded as follows: 1-month moving average: 22.46 in an uptrend , 1-quarter moving average: 24.6 in a downtrend and 1-year moving average: 29.22 in an uptrend. EU Stock Implied Volatility (VSTOXX) annual return was last recorded at None%, daily return was last recorded at -14.91%, and weekly return was last recorded at -1.21%. EU Stock Implied Volatility (VSTOXX) Historical 20-day volatility was last recorded at 139.401%, MacroVar models monitor EU Stock Implied Volatility (VSTOXX) statistics based on historical data since 1970.

VXN Nasdaq volatility Factors

EU Stock Implied Volatility (VSTOXX)

FactorSymbolLast ValuePredicted ValueR2MacroVar Signal
Vstoxx/ItraxxVSTOXXITRAXX.SPREAD
EZ PMI vs VSTXXVSTXX.FACT.EAPMI21.30140.243-0.00755447
ESI Y/Y vs VSTOXX Y/YVSTOXX.FACT.EAESI

MacroVar Risk Monitor

Last-1 Week-1 Month-3 Months-6 MonthsStrength
MacroVar Risk Index0.380.350.20.27-0.15
Stock risk0.120.130.210.430.28
Credit risk -0.88-0.78-0.72-0.86-0.86
Currency risk-0.39-0.33-0.13-0.060.06
Emerging Markets risk-0.49-0.43-0.41-0.18-0.49
Liquidity risk-0.52-0.52-0.48-0.48-0.39
Bond risk-0.19-0.35-0.160.33-0.57

VXN Nasdaq volatility Trading Signals

MacroVar estimates the following signals: VXN Nasdaq volatility momentum, VXN Nasdaq volatility trend, VXN Nasdaq volatility oscillator, VXN Nasdaq volatility RSI and VXN Nasdaq volatility returns.

VXN Nasdaq volatility index Momentum

Momentum trading is used to capture moves in shorter timeframes than trends. Momentum is the relative change occurring in markets. Relative change is different to a trend. A long-term trend can be up but the short-term momentum of a specific market can be 0. If a market moves down and then moves up and then moves back down the net relative change in price is 0. That means momentum is 0. A short-term positive momentum, with a long-term downtrend results in markets with no momentum.

MacroVar VXN Nasdaq volatility index momentum signal ranges from -100 to +100. The VXN Nasdaq volatility index momentum signal is derived as the mean value from 4 calculations for the VXN Nasdaq volatility index. The timeframes monitored are the following: 1 Day (1 trading day), 1 Week (5 trading days), 1 Month (20 trading days), 3 Months (60 trading days)
For each timeframe, the following calculations are performed: 1. VXN Nasdaq volatility index return is calculated for the specific timeframe and 2. if the return calculated is higher than 0, signal value output is 1 else signal value is -1. VXN Nasdaq volatility index  momentum signal is the aggregate of the the 4 values. A technical momentum rollover is identified when VXN Nasdaq volatility index  momentum signal moves from positive to negative value or vice-versa.

VXN Nasdaq volatility index trend

VXN Nasdaq volatility index trend signal ranges from -100 to +100. VXN Nasdaq volatility index  trend indicator is the mean value of the 8 calculations described below. The timeframes monitored are the following: 1-month (20 trading days), 3-months (60 trading days), 6-months (125 trading days), 1-year (250 trading days)
For each timeframe, the following calculations are performed: 1. VXN Nasdaq volatility index  Closing price vs VXN Nasdaq volatility index moving average (MA) calculation: If VXN Nasdaq volatility index  is greater than VXN Nasdaq volatility index MA value is +1, else -1, 2. VXN Nasdaq volatility index Moving average slope calculation: if current VXN Nasdaq volatility index moving average is higher than the previous MA, VXN Nasdaq volatility index upward slope +1, else -1 VXN Nasdaq volatility index trend model can be used as a trend strength indicator. VXN Nasdaq volatility index trend strength values ranging between +75 and +100 or -75 and -100 show strong trend strength.
A technical trend rollover is identified when VXN Nasdaq volatility index  trend strength indicator moves from positive to negative value or vice-versa.

The most important trend indicator
The VXN Nasdaq volatility index 52-week simple moving average and its slope are the most important indicators defining a market’s trend. VXN Nasdaq volatility index is in an uptrend when VXN Nasdaq volatility index price is higher than the 52-week moving average and the VXN Nasdaq volatility index 52-week moving average has an upward slope. If fundamentals of the market have not changed and the moving average slope is still in uptrend, a price drop signifies a market correction and not a change of trend. Traders should watch oscillators like the VXN Nasdaq volatility index oscillator and VXN Nasdaq volatility index  RSI to buy the dip and still follow the trend. The moving average slope turn signifies a change of trend.

VXN Nasdaq volatility index oscillator

The VXN Nasdaq volatility index oscillator estimated by MacroVar is the z-score of the current VXN Nasdaq volatility index  price versus VXN Nasdaq volatility index 1-year simple moving average price. The formula for the VXN Nasdaq volatility index oscillator is:
VXN Nasdaq volatility index  oscillator = (Current Price – 250 trading days VXN Nasdaq volatility index simple moving average price) / (250 days VXN Nasdaq volatility index price standard deviation)

VXN Nasdaq volatility index oversold conditions
VXN Nasdaq volatility index  is oversold when it is subject to a persistent downward pressure due to extreme fund outflows. When the VXN Nasdaq volatility index is oversold it is often due for a rebound. Values of the VXN Nasdaq volatility index oscillator lower than -2.5 signify oversold conditions. It must be noted that the VXN Nasdaq volatility index oscillator must be analyzed ibn conjunction with the rest of VXN Nasdaq volatility index quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the VXN Nasdaq volatility index RSI.
VXN Nasdaq volatility index overbought conditions
VXN Nasdaq volatility index is overbought when it is subject to a persistent upward pressure due to extreme fund inflows. When the VXN Nasdaq volatility index is overbought it is often due for a correction. Values of the VXN Nasdaq volatility index  oscillator higher than +2.5 signify overbought conditions. It must be noted that the MacroVar oscillator must be compared to the rest of the VXN Nasdaq volatility index  quantitative factors. Traders should pay less attention to overbought or oversold conditions during strong trends. They should pay close attention during counter trends and all combined with the RSI.

VXN Nasdaq volatility index RSI indicator

The RSI indicator measures the speed and change of price movements. The RSI indicator oscillates between 0 and 100. RSI is a useful indicator during normal trending market conditions when an asset price oscillates around its trend value. During big moves and strong trends however, like short squeezes or price spikes RSI and other oscillators don’t work.
During normal trend market conditions and when VXN Nasdaq volatility index is in a downtrend RSI values between 50-60 signify overbought conditions before the downtrend is ready to resume. During VXN Nasdaq volatility index  uptrend, RSI values of 40 to 50 signify oversold conditions before the uptrend is ready to resume. It is strongly not recommended to enter a position when the RSI is “overbought” and falling or vice versa.

VXN Nasdaq volatility index returns

MacroVar calculates VXN Nasdaq volatility index returns for the following timeframes: Daily, Weekly, Monthly, Yearly. The formula for calculating returns is:

VXN Nasdaq volatility index returns = (VXN Nasdaq volatility Closing Price – VXN Nasdaq volatility Previous Price)/(VXN Nasdaq volatility index Previous Price)

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