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.
GOAT has a poor technical rating and the quality of the setup is also only medium 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
37.35
We found 1 important support 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.
When analyzing the resistance we notice 2 important 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.
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. |
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 FAQ
What is the technical rating for GOAT stock?
ChartMill assigns a technical rating of 2 / 10 to GOAT.
What is the trend direction for GOAT stock?
The current trend direction for Vaneck Morningstar Global Wide Moat ETF (GOAT) is Bearish.
What is the RSI signal for Vaneck Morningstar Global Wide Moat ETF (GOAT) stock?
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 short term momentum for Vaneck Morningstar Global Wide Moat ETF?
The short term momentum for Vaneck Morningstar Global Wide Moat ETF (GOAT) is negative.
Can you provide the support and resistance levels for Vaneck Morningstar Global Wide Moat ETF?
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.