VANGUARD MEGA CAP GROWTH ETF (MGK) Stock Technical Analysis
USA - NYSEARCA:MGK - US9219108167 - ETF
Taking everything into account, MGK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MGK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MGK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
280.97
3 important support areas can be observed.
- A support zone ranging from 406.24 to 408.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 394.95 to 397.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @283.81 from a trend line in the weekly time frame.
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 | 80.36 | POSITIVE | MGK has a high relative strength, it outperformed 80.36% 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) | 70.44 | OVERBOUGHT | The high RSI value suggests MGK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.47 | POSITIVE | The MACD value suggests MGK has a positive trend. |
| Stochastics (14,3) | 96.18 | OVERBOUGHT | The high Stochastics value suggests MGK may be overbought. |
| Average True Range in percent/ATR (20) | 1.4 | LOW VOLATILITY | The low ATR as a percentage value for MGK suggests low volalility. |
| Average Directional Index/ADX (14) | 17.95 | NEGATIVE | The low ADX value for MGK suggests a weak or negative trend. |
423.26
+3.69 (+0.88%)
VANGUARD MEGA CAP GROWTH ETF / MGK FAQ
Can you provide the ChartMill technical rating for VANGUARD MEGA CAP GROWTH ETF?
ChartMill assigns a technical rating of 10 / 10 to MGK.
Can you provide the trend direction for VANGUARD MEGA CAP GROWTH ETF?
The current trend direction for VANGUARD MEGA CAP GROWTH ETF (MGK) is Bullish.
What is the RSI signal for MGK stock?
VANGUARD MEGA CAP GROWTH ETF (MGK) has an RSI value of 70.4395. This indicates that the stock is currently overbought.
What is the MACD signal for VANGUARD MEGA CAP GROWTH ETF (MGK) stock?
The MACD indicator for VANGUARD MEGA CAP GROWTH ETF (MGK) has a value of 1.46965, indicating a bullish trend.
What are the support and resistance levels for VANGUARD MEGA CAP GROWTH ETF (MGK) stock?
VANGUARD MEGA CAP GROWTH ETF (MGK) has a support level at 408.54. Check the full technical report for our detailed analysis of MGK support and resistance levels.