VANECK AFRICA INDEX ETF (AFK) Stock Technical Analysis
NYSEARCA:AFK - NYSE Arca - US92189F8665 - ETF - Currency: USD
We assign a technical rating of 10 out of 10 to AFK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AFK is showing a nice and steady performance.
Warning: AFK has an average volume of 20106 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that AFK is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by AFK over the past year are nicely spread over this period.
AFK is one of the better performing stocks in the Automobile Components industry, it outperforms 85% of 81 stocks in the same industry.
AFK is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month AFK has a been trading in the 15.86 - 18.35 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, AFK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
14.58
18.50
4 important support areas can be observed.
- Support @16.27 from a horizontal line in the daily time frame.
- A support zone ranging from 15.45 to 15.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.16 from a horizontal line in the weekly time frame.
- Support @14.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.09 to 18.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.36
Mansfield0.99
10 Day High18.35
10 Day Low17.25
20 Day High18.35
20 Day Low15.86
52 Week High18.35
52 Week Low14.45
Performance
1 Week0.5%
2 Weeks1.52%
1 Month9.29%
3 Month6.01%
6 Month10.23%
12 Month15.46%
2 Year21.29%
3 Year-5.26%
5 Year17.42%
10 Year-30.12%
15 Year-37.72%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)58.88
LBB17.3
UBB18.4
NYSEARCA:AFK (5/8/2025, 8:04:01 PM)
18
-0.2 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-1.1%
1 Week0.5%
2 Weeks1.52%
1 Month9.29%
3 Month6.01%
6 Month10.23%
12 Month15.46%
2 Year21.29%
3 Year-5.26%
5 Year17.42%
10 Year-30.12%
15 Year-37.72%
Volatility
ATR(14)0.47
ATR(20)%2.84%
ATR Inc-5.39%
Range Today0.69
ADR(20)0.49
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.36
Mansfield0.99
10 Day High18.35
10 Day Low17.25
20 Day High18.35
20 Day Low15.86
52 Week High18.35
52 Week Low14.45
CS1 End16.27
CR1 Start18.09
Volume & EV
DER(3)-4.43%
DER(5)0.18%
Volume11.50K
Volume Incr-39.08%
Vol(5)13.46K
Vol(50)20.11K