VANGUARD MEGA CAP GROWTH ETF (MGK) Stock Technical Analysis
USA - NYSEARCA:MGK - US9219108167 - ETF
400.45 USD
+1.09 (+0.27%)
401 USD
+0.55 (+0.14%)
Taking everything into account, MGK scores 8 out of 10 in our technical rating. Although MGK is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
MGK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MGK has a been trading in the 376.29 - 405.86 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MGK did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although MGK 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
280.18
409.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 383.95 to 387.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 371.83 to 371.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @283.01 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 400.81 to 405.75. 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 MGK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGK is up. |
| ChartMill Relative Strength | 78.72 | POSITIVE | MGK has a high relative strength, it outperformed 78.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.77 | NEUTRAL | The RSI value for MGK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MGK has a negative trend. |
| Stochastics (14,3) | 61.56 | NEUTRAL | The Stochastics value for MGK is a neutral value. |
| Average True Range in percent/ATR (20) | 1.06 | LOW VOLATILITY | The low ATR as a percentage value for MGK suggests low volalility. |
| Average Directional Index/ADX (14) | 20.67 | NEUTRAL | The ADX value for MGK suggests a possible start of a new 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)
400.45
+1.09 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week-1.3%
2 Weeks0.5%
1 Month4.29%
3 Month8.51%
6 Month44.14%
12 Month24.72%
2 Year76.49%
3 Year129.76%
5 Year115.99%
10 Year414.98%
15 Year838.26%
Volatility
ATR(14)3.93
ATR(20)%1.06%
ATR Inc-11.46%
Range Today3.25
ADR(20)3.63
ADR(20)%0.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.72
Mansfield0.39
10 Day High405.86
10 Day Low392.5
20 Day High405.86
20 Day Low376.29
52 Week High405.86
52 Week Low262.65
CS1 End387.12
CR1 Start400.81
Volume & EV
DER(3)0.63%
DER(5)-0.44%
Volume343.20K
Volume Incr-3.15%
Vol(5)250.91K
Vol(50)303.08K