Taking everything into account, ITM scores 7 out of 10 in our technical rating. Although ITM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ITM has an excellent technical rating, it does not offer a high quality setup 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
43.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.28 to 47.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.21 to 45.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.26 to 44.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 47.18 to 47.22. 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 | UP | POSITIVE | The long term trend for ITM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ITM is up. |
| ChartMill Relative Strength | 49.56 | NEUTRAL | ITM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ITM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ITM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ITM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.8 | NEUTRAL | The RSI value for ITM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ITM has a positive trend. |
| Stochastics (14,3) | 81.53 | OVERBOUGHT | The high Stochastics value suggests ITM may be overbought. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for ITM suggests low volalility. |
| Average Directional Index/ADX (14) | 10.37 | NEGATIVE | The low ADX value for ITM suggests a weak or negative trend. |
47.15
+0.09 (+0.19%)
VANECK INTERMEDIATE MUNI ETF / ITM FAQ
What is the ChartMill technical rating of VANECK INTERMEDIATE MUNI ETF (ITM) stock?
ChartMill assigns a technical rating of 7 / 10 to ITM.
What is the current trend direction of VANECK INTERMEDIATE MUNI ETF (ITM) stock?
The current trend direction for VANECK INTERMEDIATE MUNI ETF (ITM) is Bullish.
Can you provide the RSI signal for VANECK INTERMEDIATE MUNI ETF?
VANECK INTERMEDIATE MUNI ETF (ITM) has an RSI value of 61.7966. This indicates that the stock is currently neutral.
Can you provide the MACD signal for VANECK INTERMEDIATE MUNI ETF?
The MACD indicator for VANECK INTERMEDIATE MUNI ETF (ITM) has a value of 0.00862669, indicating a bearish trend.
Can you provide the support and resistance levels for VANECK INTERMEDIATE MUNI ETF?
VANECK INTERMEDIATE MUNI ETF (ITM) has a support level at 47.02 and a resistance level at 47.18. Check the full technical report for our detailed analysis of ITM support and resistance levels.