Vaneck Morningstar Global Wide Moat ETF (GOAT) Technical Analysis
NYSEARCA:GOAT
Current stock price
GOAT Technical Rating and Analysis
Taking everything into account, GOAT scores 2 out of 10 in our technical rating. GOAT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Warning: GOAT has an average volume of 2350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- GOAT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GOAT is lagging the market slightly.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, GOAT outperforms 56% of them, which is more or less in line with the market.
- In the last month GOAT has a been trading in the 37.74 - 40.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
GOAT Weekly and Daily overview Charts
GOAT Setup Rating and Analysis
GOAT has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
GOAT Support and Resistance Analysis
37.35
When analyzing the support we notice one important area.
- A support zone ranging from 37.73 to 38.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 39.33 to 39.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.75 to 40.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
GOAT Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for GOAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOAT is down. |
| ChartMill Relative Strength | 56.83 | NEUTRAL | GOAT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of GOAT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.82 | NEUTRAL | The RSI value for GOAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GOAT has a positive trend. |
| Stochastics (14,3) | 59.42 | NEUTRAL | The Stochastics value for GOAT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for GOAT suggests low volalility. |
GOAT Chart- and CandleStick Pattern Analysis
GOAT Technicals: Chart, Performance Metrics, Trend & Indicators
Vaneck Morningstar Global Wide Moat ETF
NYSEARCA:GOAT (12/9/2021, 8:28:06 PM)
39.0442
-0.29 (-0.74%)
Vaneck Morningstar Global Wide Moat ETF / GOAT TA FAQ
What is the technical rating for GOAT stock?
ChartMill assigns a technical rating of 2 / 10 to GOAT.
Can you provide the trend direction for Vaneck Morningstar Global Wide Moat ETF?
The current trend direction for Vaneck Morningstar Global Wide Moat ETF (GOAT) is Bearish.
Can you provide the RSI signal for Vaneck Morningstar Global Wide Moat ETF?
Vaneck Morningstar Global Wide Moat ETF (GOAT) has an RSI value of 46.8153. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Vaneck Morningstar Global Wide Moat ETF?
The MACD indicator for Vaneck Morningstar Global Wide Moat ETF (GOAT) has a value of 0.0106966, indicating a bearish trend.
What are the support and resistance levels for Vaneck Morningstar Global Wide Moat ETF (GOAT) stock?
Vaneck Morningstar Global Wide Moat ETF (GOAT) has a support level at 38.8 and a resistance level at 39.33. Check the full technical report for our detailed analysis of GOAT support and resistance levels.