VANGUARD S&P MID-CAP 400 VAL (IVOV) Stock Technical Analysis
USA - NYSEARCA:IVOV - US9219328443 - ETF
100.92 USD
-1.01 (-0.99%)
101.93 USD
+1.01 (+1%)
Overall IVOV gets a technical rating of 8 out of 10. Although IVOV is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IVOV 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 IVOV is lagging the market slightly.
When compared to the yearly performance of all other stocks, IVOV outperforms 54% of them, which is more or less in line with the market.
In the last month IVOV has a been trading in a tight range between 98.35 and 102.36.
Considerably lower volume is observed in the last couple of days.
IVOV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 100.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for IVOV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
83.92
106.03
When analyzing the support we can see 5 important areas.
- A support zone ranging from 96.74 to 100.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.57 to 94.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @92.72 from a horizontal line in the daily time frame.
- Support @86.79 from a trend line in the weekly time frame.
- Support @84.77 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 101.10 to 101.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 104.26 to 104.98. 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 IVOV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IVOV is up. |
| ChartMill Relative Strength | 54.57 | NEUTRAL | IVOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of IVOV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IVOV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IVOV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.65 | NEUTRAL | The RSI value for IVOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests IVOV has a negative trend. |
| Stochastics (14,3) | 57.77 | NEUTRAL | The Stochastics value for IVOV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.13 | LOW VOLATILITY | The low ATR as a percentage value for IVOV suggests low volalility. |
| Average Directional Index/ADX (14) | 31.61 | POSITIVE | The high ADX value value for IVOV suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 101.31 | 100.31 | 1.00 (0.99%) | 25.00% |
| An entry @101.31. This is a Buy Stop order right above the resistance zone. | An exit @100.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.00 points, which is 0.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- The distance between exit and entry is rather small compared to the average daily movement of IVOV. Please evaluate whether better entry and exit points can be found.
- 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.
100.92
-1.01 (-0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.99%
1 Week-0.46%
2 Weeks-0.99%
1 Month3.07%
3 Month8.12%
6 Month9.29%
12 Month6.29%
2 Year29.53%
3 Year45.46%
5 Year92.52%
10 Year130.52%
15 Year280.54%
Volatility
ATR(14)1.09
ATR(20)%1.13%
ATR Inc22.63%
Range Today1.2
ADR(20)0.97
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.57
Mansfield-0.58
10 Day High102.36
10 Day Low100.32
20 Day High102.36
20 Day Low98.35
52 Week High105.65
52 Week Low78.72
CS1 End100.28
CR1 Start101.1
Volume & EV
DER(3)6.56%
DER(5)2.31%
Volume10.60K
Volume Incr-74.85%
Vol(5)15.56K
Vol(50)31.92K