43.27 USD
+0.55 (+1.29%)
43.23 USD
-0.04 (-0.09%)
Overall OUNZ gets a technical rating of 10 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, OUNZ is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, OUNZ did better than 92% of all other stocks. On top of that, OUNZ also shows a nice and consistent pattern of rising prices.
OUNZ is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month OUNZ has a been trading in the 39.58 - 43.30 range, which is quite wide. It is currently trading near the high of this range.
OUNZ has an average volume of 1368310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although OUNZ 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
30.51
43.70
When analyzing the support we can see 6 important areas.
- A support zone ranging from 41.08 to 41.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @38.51 from a horizontal line in the weekly time frame.
- Support @37.90 from a horizontal line in the daily time frame.
- Support @35.16 from a trend line in the daily time frame.
- Support @31.90 from a trend line in the weekly time frame.
- A support zone ranging from 30.82 to 31.10. 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 OUNZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OUNZ is up. |
| ChartMill Relative Strength | 92.65 | POSITIVE | OUNZ has a high relative strength, it outperformed 92.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OUNZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OUNZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of OUNZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.69 | OVERBOUGHT | The high RSI value suggests OUNZ may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests OUNZ has a positive trend. |
| Stochastics (14,3) | 93.64 | OVERBOUGHT | The high Stochastics value suggests OUNZ may be overbought. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for OUNZ suggests low volalility. |
| Average Directional Index/ADX (14) | 31.69 | POSITIVE | The high ADX value value for OUNZ 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)
43.27
+0.55 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.29%
1 Week4.42%
2 Weeks6.71%
1 Month8.75%
3 Month19.23%
6 Month37.28%
12 Month71.5%
2 Year116.78%
3 Year144.6%
5 Year133.64%
10 Year311.31%
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%1.18%
ATR Inc70.09%
Range Today0.68
ADR(20)0.45
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.65
3 months CRS90.33
6 months CRS88.51
Mansfield1.77
10 Day High43.3
10 Day Low40.25
20 Day High43.3
20 Day Low39.58
52 Week High43.3
52 Week Low25.04
CS1 End41.74
CR1 StartN/A
Volume & EV
DER(3)-5.48%
DER(5)-4.06%
Volume839.20K
Volume Incr-13.09%
Vol(5)754.96K
Vol(50)1.37M
VANECK MERK GOLD ETF / OUNZ FAQ
Can you provide the ChartMill technical rating for VANECK MERK GOLD ETF?
ChartMill assigns a technical rating of 10 / 10 to OUNZ.
What is the trend direction for OUNZ stock?
The current trend direction for VANECK MERK GOLD ETF (OUNZ) is Bullish.
What is the RSI signal for OUNZ stock?
VANECK MERK GOLD ETF (OUNZ) has an RSI value of 80.6915. This indicates that the stock is currently overbought.
What is the MACD signal for VANECK MERK GOLD ETF (OUNZ) stock?
The MACD indicator for VANECK MERK GOLD ETF (OUNZ) has a value of 0.166552, indicating a bearish trend.
What is the short term momentum for VANECK MERK GOLD ETF (OUNZ) stock?
The short term momentum for VANECK MERK GOLD ETF (OUNZ) is positive.