Overall MGV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGV is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MGV is one of the better performing stocks in the market, outperforming 72% of all stocks.
- MGV 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 MGV has a been trading in a tight range between 143.34 and 151.41.
Although MGV 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
113.48
When analyzing the support we can see 4 important areas.
- A support zone ranging from 143.65 to 148.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 139.61 to 141.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 133.87 to 137.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @114.63 from a horizontal 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 MGV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MGV is up. |
| ChartMill Relative Strength | 72.71 | POSITIVE | MGV has a high relative strength, it outperformed 72.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MGV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MGV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.83 | OVERBOUGHT | The high RSI value suggests MGV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests MGV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.2 | OVERBOUGHT | The high Stochastics value suggests MGV may be overbought. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for MGV suggests low volalility. |
| Average Directional Index/ADX (14) | 30.59 | POSITIVE | The high ADX value value for MGV suggests a strong trend. |
150.36
-0.56 (-0.37%)
VANGUARD MEGA CAP VALUE ETF / MGV FAQ
What is the technical rating for MGV stock?
ChartMill assigns a technical rating of 9 / 10 to MGV.
Can you provide the trend direction for VANGUARD MEGA CAP VALUE ETF?
The current trend direction for VANGUARD MEGA CAP VALUE ETF (MGV) is Bullish.
What is the RSI signal for VANGUARD MEGA CAP VALUE ETF (MGV) stock?
VANGUARD MEGA CAP VALUE ETF (MGV) has an RSI value of 70.8341. This indicates that the stock is currently overbought.
Can you provide the short term momentum for VANGUARD MEGA CAP VALUE ETF?
The short term momentum for VANGUARD MEGA CAP VALUE ETF (MGV) is positive.
What is the buy/sell signal for VANGUARD MEGA CAP VALUE ETF (MGV) stock?
The buy/sell signal for VANGUARD MEGA CAP VALUE ETF (MGV) is buy as both the short term and long term trends are positive.