We assign a technical rating of 5 out of 10 to PIT. PIT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: PIT has an average volume of 4586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month PIT has a been trading in the 52.62 - 56.95 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, PIT outperforms 57% of them, which is more or less in line with the market.
- PIT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PIT is lagging the market.
PIT has an average technical rating and also the quality of the setup is only medium 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
48.96
4 important support areas can be observed.
- A support zone ranging from 54.51 to 55.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.80 to 53.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.33 from a horizontal line in the daily time frame.
- Support @49.45 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 55.74 to 56.39. 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 57.62 to 57.62. 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 | NEUTRAL | NEUTRAL | The long term trend for PIT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIT is up. |
| ChartMill Relative Strength | 57.99 | NEUTRAL | PIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PIT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PIT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PIT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.88 | NEUTRAL | The RSI value for PIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests PIT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.41 | OVERBOUGHT | The high Stochastics value suggests PIT may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for PIT suggests low volalility. |
| Average Directional Index/ADX (14) | 19.33 | NEGATIVE | The low ADX value for PIT suggests a weak or negative trend. |
NYSEARCA:PIT (1/16/2026, 8:04:00 PM)
55.7045
-0.34 (-0.6%)
VANECK COMMODITY STRAT ETF / PIT FAQ
What is the technical rating for PIT stock?
ChartMill assigns a technical rating of 5 / 10 to PIT.
Can you provide the trend direction for VANECK COMMODITY STRAT ETF?
The current trend direction for VANECK COMMODITY STRAT ETF (PIT) is Bearish.
What is the RSI signal for VANECK COMMODITY STRAT ETF (PIT) stock?
VANECK COMMODITY STRAT ETF (PIT) has an RSI value of 53.8811. This indicates that the stock is currently neutral.
What is the short term momentum for VANECK COMMODITY STRAT ETF (PIT) stock?
The short term momentum for VANECK COMMODITY STRAT ETF (PIT) is positive.
What are the support and resistance levels for VANECK COMMODITY STRAT ETF (PIT) stock?
VANECK COMMODITY STRAT ETF (PIT) has a support level at 55.15 and a resistance level at 55.74. Check the full technical report for our detailed analysis of PIT support and resistance levels.