Vaneck Emerging Markets Aggregate Bond ETF (EMAG) Stock Technical Analysis
USA - NYSEARCA:EMAG -
Taking everything into account, EMAG scores 0 out of 10 in our technical rating. EMAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, EMAG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. 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
We found 1 important support 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.
3 important resistance areas can be observed.
- 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.
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 | DOWN | NEGATIVE | The long term trend for EMAG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for EMAG is down. |
| ChartMill Relative Strength | 19.79 | NEGATIVE | EMAG has a low relative strength, it was outperformed by 80.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EMAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of EMAG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EMAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | NEUTRAL | The RSI value for EMAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EMAG has a positive trend. |
| Stochastics (14,3) | 54.85 | NEUTRAL | The Stochastics value for EMAG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for EMAG suggests low volalility. |
Vaneck Emerging Markets Aggregate Bond ETF
NYSEARCA:EMAG (10/15/2021, 8:33:57 PM)
20.375
+0.09 (+0.42%)
Vaneck Emerging Markets Aggregate Bond ETF / EMAG FAQ
What is the technical rating for EMAG stock?
ChartMill assigns a technical rating of 0 / 10 to EMAG.
Can you provide the trend direction for Vaneck Emerging Markets Aggregate Bond ETF?
The current trend direction for Vaneck Emerging Markets Aggregate Bond ETF (EMAG) is Bearish.
Can you provide the RSI signal for Vaneck Emerging Markets Aggregate Bond ETF?
Vaneck Emerging Markets Aggregate Bond ETF (EMAG) has an RSI value of 44.2731. This indicates that the stock is currently neutral.
What is the MACD signal for EMAG stock?
The MACD indicator for Vaneck Emerging Markets Aggregate Bond ETF (EMAG) has a value of 0.0043418, indicating a bearish trend.
What is the support and resistance level for EMAG stock?
Vaneck Emerging Markets Aggregate Bond ETF (EMAG) has a support level at 20.28 and a resistance level at 20.45. Check the full technical report for our detailed analysis of EMAG support and resistance levels.