Vaneck Emerging Markets Aggregate Bond ETF (EMAG) Stock Technical Analysis
NYSEARCA:EMAG - NYSE Arca -
Taking everything into account, EMAG scores 0 out of 10 in our technical rating. EMAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, EMAG is a bad performer in the overall market: 81% of all stocks are doing better.
EMAG is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so EMAG is lagging the market.
Warning: EMAG has an average volume of 5976 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month EMAG has a been trading in a tight range between 19.96 and 20.82.
Considerably lower volume is observed in the last couple of days.
EMAG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.28, a Stop Loss order could be placed below this zone.
More info and screens
19.96
22.33
When analyzing the support we notice one important area.
- A support zone ranging from 20.16 to 20.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 20.45 to 21.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.72 to 21.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.11 to 22.11. 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
CRS19.79
Mansfield-1.29
10 Day High20.44
10 Day Low19.96
20 Day High20.83
20 Day Low19.96
52 Week High23.34
52 Week Low19.96
Performance
1 Week1.07%
2 Weeks-0.32%
1 Month-2.54%
3 Month-1.97%
6 Month-2.3%
12 Month-2.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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
RSI(14)44.27
LBB20.12
UBB20.54
Vaneck Emerging Markets Aggregate Bond ETF
NYSEARCA:EMAG (10/15/2021, 8:33:57 PM)
20.375
+0.09 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.42%
1 Week1.07%
2 Weeks-0.32%
1 Month-2.54%
3 Month-1.97%
6 Month-2.3%
12 Month-2.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%0.95%
ATR Inc-68.08%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.79
Mansfield-1.29
10 Day High20.44
10 Day Low19.96
20 Day High20.83
20 Day Low19.96
52 Week High23.34
52 Week Low19.96
CS1 End20.28
CR1 Start20.45
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-88.76%
Vol(5)1.52K
Vol(50)5.98K