VANECK DYNAMIC HIGH INCOME (INC) Stock Technical Analysis
USA - NYSEARCA:INC - US92189H7558 - ETF
Taking everything into account, INC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, INC is a bad performer.
INC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.01
We found 1 important support area.
- A support zone ranging from 26.27 to 27.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.73 to 27.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for INC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for INC is up. |
| ChartMill Relative Strength | 39.98 | NEUTRAL | INC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of INC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of INC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of INC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.37 | NEUTRAL | The RSI value for INC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests INC has a negative trend. |
| Stochastics (14,3) | 0.72 | OVERSOLD | The low Stochastics value suggests INC may be oversold. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for INC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.8 | NEUTRAL | The ADX value for INC suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.76 | 27.66 | 0.10 (0.36%) | 25.00% |
| An entry @27.76. This is a Buy Stop order right above the 10 day moving average. | An exit @27.66. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.36%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:INC (10/8/2024, 8:04:01 PM)
27.67
0 (-0.02%)
VANECK DYNAMIC HIGH INCOME / INC FAQ
What is the technical rating for INC stock?
ChartMill assigns a technical rating of 6 / 10 to INC.
What is the current trend direction of VANECK DYNAMIC HIGH INCOME (INC) stock?
The current trend direction for VANECK DYNAMIC HIGH INCOME (INC) is Bullish.
What is the RSI signal for INC stock?
VANECK DYNAMIC HIGH INCOME (INC) has an RSI value of 53.373. This indicates that the stock is currently neutral.
What is the short term momentum for INC stock?
The short term momentum for VANECK DYNAMIC HIGH INCOME (INC) is positive.
What is the buy/sell signal for VANECK DYNAMIC HIGH INCOME (INC) stock?
The buy/sell signal for VANECK DYNAMIC HIGH INCOME (INC) is buy as both the short term and long term trends are positive.