VANECK FALLEN ANGEL HIGH YLD (ANGL) Stock Technical Analysis
USA - NASDAQ:ANGL - US92189F4375 - ETF
Overall ANGL gets a technical rating of 5 out of 10. In the last year, ANGL was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, ANGL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.52, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ANGL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
27.02
We found 3 important support areas.
- A support zone ranging from 28.95 to 29.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.21 from a horizontal line in the weekly time frame.
- A support zone ranging from 27.29 to 27.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.53 to 29.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 ANGL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ANGL is neutral. |
| ChartMill Relative Strength | 46.79 | NEUTRAL | ANGL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ANGL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ANGL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ANGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.13 | NEUTRAL | The RSI value for ANGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ANGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.55 | NEUTRAL | The Stochastics value for ANGL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for ANGL suggests low volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for ANGL suggests a weak or negative trend. |
29.53
-0.03 (-0.1%)
VANECK FALLEN ANGEL HIGH YLD / ANGL FAQ
What is the ChartMill technical rating of VANECK FALLEN ANGEL HIGH YLD (ANGL) stock?
ChartMill assigns a technical rating of 5 / 10 to ANGL.
What is the trend direction for ANGL stock?
The current trend direction for VANECK FALLEN ANGEL HIGH YLD (ANGL) is Bullish.
Can you provide the RSI signal for VANECK FALLEN ANGEL HIGH YLD?
VANECK FALLEN ANGEL HIGH YLD (ANGL) has an RSI value of 49.1309. This indicates that the stock is currently neutral.
What is the MACD signal for VANECK FALLEN ANGEL HIGH YLD (ANGL) stock?
The MACD indicator for VANECK FALLEN ANGEL HIGH YLD (ANGL) has a value of 0.00524107, indicating a bearish trend.
What are the support and resistance levels for VANECK FALLEN ANGEL HIGH YLD (ANGL) stock?
VANECK FALLEN ANGEL HIGH YLD (ANGL) has a support level at 29.52 and a resistance level at 29.53. Check the full technical report for our detailed analysis of ANGL support and resistance levels.