Vaneck Morningstar Global Wide Moat ETF (GOAT) Stock Technical Analysis
NYSEARCA:GOAT - NYSE Arca -
Overall GOAT gets a technical rating of 2 out of 10. 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 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
37.35
41.26
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.
2 important resistance areas can be observed.
- 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. |
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)
Vaneck Morningstar Global Wide Moat ETF
NYSEARCA:GOAT (12/9/2021, 8:28:06 PM)
39.0442
-0.29 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.74%
1 Week2.18%
2 Weeks-1.25%
1 Month-3.61%
3 Month-1.84%
6 Month-1.12%
12 Month10.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%0.99%
ATR Inc-52.65%
Range Today0.1
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
CRS56.83
Mansfield-0.81
10 Day High39.34
10 Day Low37.74
20 Day High40.84
20 Day Low37.74
52 Week High41
52 Week Low34.15
CS1 End38.8
CR1 Start39.33
Volume & EV
DER(3)2.22%
DER(5)1.33%
Volume800
Volume Incr-53.41%
Vol(5)1.40K
Vol(50)2.35K