Overall PIT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PIT is only an average performer.
Besides having an excellent technical rating, PIT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 58.59, a Stop Loss order could be placed below this zone.
49.17
We found 4 important support areas.
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 PIT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PIT is up. |
| ChartMill Relative Strength | 67.94 | NEUTRAL | PIT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PIT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PIT is above 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) | 56.12 | NEUTRAL | The RSI value for PIT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PIT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.49 | NEUTRAL | The Stochastics value for PIT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for PIT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.29 | POSITIVE | The high ADX value value for PIT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.84 | 56.54 | 7.30 (11.43%) | 8.75% |
| An entry @63.84. This is a Buy Stop order right above the 10 day high. | An exit @56.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.30 points, which is 11.43%. | For a 1.00% total portfolio risk, you can invest 8.75% of your capital in this trade. |
NYSEARCA:PIT (2/11/2026, 8:04:00 PM)
59.14
+0.69 (+1.17%)
ChartMill assigns a technical rating of 8 / 10 to PIT.
The current trend direction for VANECK COMMODITY STRAT ETF (PIT) is Bullish.
VANECK COMMODITY STRAT ETF (PIT) has an RSI value of 56.1186. This indicates that the stock is currently neutral.
The short term momentum for VANECK COMMODITY STRAT ETF (PIT) is positive.
VANECK COMMODITY STRAT ETF (PIT) has a support level at 58.59. Check the full technical report for our detailed analysis of PIT support and resistance levels.