We assign a technical rating of 9 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.
Although AFK has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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15.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.27 to 24.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.83 from a trend line in the weekly time frame.
- Support @15.66 from a horizontal line in the weekly time frame.
- Support @15.16 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.66 to 24.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AFK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AFK is neutral. |
| ChartMill Relative Strength | 89.92 | POSITIVE | AFK has a high relative strength, it outperformed 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AFK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.41 | NEUTRAL | The RSI value for AFK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AFK has a positive trend. |
| Stochastics (14,3) | 71.4 | NEUTRAL | The Stochastics value for AFK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.11 | MEDIUM VOLATILITY | The ATR as a percentage value for AFK suggests some volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for AFK suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.92 | 22.99 | 1.93 (7.74%) | 12.91% |
| An entry @24.92. This is a Buy Stop order right above the resistance zone. | An exit @22.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.93 points, which is 7.74%. | For a 1.00% total portfolio risk, you can invest 12.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:AFK (11/26/2025, 8:14:49 PM)
24.65
+0.41 (+1.69%)
VANECK AFRICA INDEX ETF / AFK FAQ
What is the ChartMill technical rating of VANECK AFRICA INDEX ETF (AFK) stock?
ChartMill assigns a technical rating of 9 / 10 to AFK.
Can you provide the trend direction for VANECK AFRICA INDEX ETF?
The current trend direction for VANECK AFRICA INDEX ETF (AFK) is Bullish.
Can you provide the RSI signal for VANECK AFRICA INDEX ETF?
VANECK AFRICA INDEX ETF (AFK) has an RSI value of 58.4115. This indicates that the stock is currently neutral.
What is the short term momentum for VANECK AFRICA INDEX ETF (AFK) stock?
The short term momentum for VANECK AFRICA INDEX ETF (AFK) is neutral.